Lantz Company has provided the following information:

• Cash sales totaled $360,000.
• Credit sales totaled $496,000.
• Cash collections from customers for services yet to be provided totaled $96,000.
• A $21,000 loss from the sale of property and equipment occurred.
• Interest revenue was $9,400.
• Interest expense was $19,600.
• Supplies expense was $460,000.
• Rent expense for the store was $35,000.
• Wages expense was $56,000.
• Other operating expenses totaled $86,000.
• Unearned revenue was $4,600.

What is the amount of Lants income before income taxes?

Multiple Choice

$198,000

$396,000

$283,800

$187,800