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Griffin's Goat Farm, Inc., has sales of $624,000, costs of $265,000, depreciation expense of $38,000, interest expense of $29,000, and a tax rate of 23

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Griffin's Goat Farm, Inc., has sales of $624,000, costs of $265,000, depreciation expense of $38,000, interest expense of $29,000, and a tax rate of 23 percent. What is the net income for this firm? Multiple Choice $291,840 O $224,840 $148.480 $262.840 0 $253,840

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