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Hogan Industries sold 102 units at a selling price per unit of $63 in 2015. The company's cost of goods sold was $4,730 and operating

  1. Hogan Industries sold 102 units at a selling price per unit of $63 in 2015. The company's cost of goods sold was $4,730 and operating expenses were $600. If Hogan Industries has a tax rate of 35%, what is the company's net income for 2015 (rounded to whole dollars)?

a. $1,102

b. $1,096

c. $767

d. $712

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