In the upcoming year ABC Ltd. is forecasted to sell 30,000 units of its product at a price per unit of $33.00. Variable costs per unit are $13.00 and the annual fixed costs are $27,900. Each of these four variables could be 8% higher or lower than forecasted. ABC also has annual depreciation expenses of $34,800 and a 32% tax rate. What is ABC's net income (after-tax) under the worst-case scenario?

a. $201,646

b. $296,940

c. $350,208

d. $262,140

e. $480,600