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Griffin's Goat Farm, Incorporated, has sales of $ 7 1 4 , 0 0 0 , costs of $ 2 6 5 , 0 0

Griffin's Goat Farm, Incorporated, has sales of $714,000, costs of $265,000, depreciation expense of $42,000, interest expense of $30,000, and a tax rate of 24 percent. What is the net income for this firm?
Multiple Choice
A. $205,640
B. $358,520
C. $286,520
D. $316,520
E. $328,520

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