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Griffin's Goat Farm, Inc., has sales of $734,000, costs of $355,000, depreciation expense of $38,000, interest expense of $28,000, and a tax rate of 21
Griffin's Goat Farm, Inc., has sales of $734,000, costs of $355,000, depreciation expense of $38,000, interest expense of $28,000, and a tax rate of 21 percent. What is the net income for this firm?
A.$275,270
B.$158,860
C. $247,270
D. $313,270
E. $285,270
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