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Griffin's Goat Farm, Inc., has sales of $624,000, costs of $225,000, depreciation expense of $39,000, interest expense of $23,000, and a tax rate of 24
Griffin's Goat Farm, Inc., has sales of $624,000, costs of $225,000, depreciation expense of $39,000, interest expense of $23,000, and a tax rate of 24 percent. What is the net income for this firm?
A. 318,120
B. 295,120
C. 256,120
D. 187,240
E. 279,120
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