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Griffin's Goat Farm, Inc., has sales of $724,000, costs of $385,000, depreciation expense of $45,000, interest expense of $25,000, and a tax rate of 22

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Griffin's Goat Farm, Inc., has sales of $724,000, costs of $385,000, depreciation expense of $45,000, interest expense of $25,000, and a tax rate of 22 percent. What is the net income for this firm? Multiple Choice O $254,820 0 $279,820 0 $234,820 0 $109,720 $209,820

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