Georgian Company sells its products for $1,000/unit. Gross margin is 30%, while operating costs are $12,000. The corporate tax rate is 40%. Interest rates are 10%. How much in sales will Georgian have to reach to earn $36,000 Net Income? A) $180,000 B) $200,000 C) $240,000 D) $300,000 E) None of the above

Georgian Company sells its products for $1,000/ unit. Gross margin is 30%, while operating costs are $12,000. The corporate tax rate is 40%. Interest rates are 10%. How much in sales will Georgian have to reach to earn $36,000 Net Income? A) $180,000 B) $200,000 C) $240,000 D) $300,000 E) None of the above