Given that:

Sales = $300,000,000

Transportation cost = $15,000,000

Warehousing cost = $4,000,000

Inventory carrying cost rate (W) = 30%

Cost of goods sold = $95,000,000

Other operating costs = $55,000,000

Average Inventory (AI) = $15,000,000

Accounts receivable = $35,000,000

What is the earning before interest and taxes?

Group of answer choices

75,500,000

205,500,000

150,500,000

126,500,000

46,500,000