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Griffin's Goat Farm, Incorporated, has sales of $644,000, costs of $335,000, depreciation expense of $40,000, interest expense of $21,000, and a tax rate of 23
Griffin's Goat Farm, Incorporated, has sales of $644,000, costs of $335,000, depreciation expense of $40,000, interest expense of $21,000, and a tax rate of 23 percent. What is the net income for this firm?
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Multiple Choice
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$190,960
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$230,960
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$99,880
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$251,960
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$211,960
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