Hansen Corporation. a C Corporation (mot a manufacturer) reports the following items in income and expenses for 2021

Gross Revenue $900,000

Dividend Received from 30% owned Corp 200,000

LTCG 30,000

STCL 12000

City of Lees Summit Bond Interest 10000

COGS 375000

Administrative Expenses 325000

Charitable Contribution 60,000

Compute Hansens C Corp Taxable income?

a. 246,200

b. 276200

c. 275000