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Griffin's Goat Farm, Inc., has sales of $614.000, costs of $295,000, depreciation expense of $55,000. Interest expense of $32,000, and a tax rate of 25

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Griffin's Goat Farm, Inc., has sales of $614.000, costs of $295,000, depreciation expense of $55,000. Interest expense of $32,000, and a tax rate of 25 percent. What is the net Income for this firm? Multiple Choice | o $261,000 o $229,000 o $78,500 o $174,000 o $200,000

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