Last year the return on total assets in Jeffrey Company was 8.50%. The total assets were 3.2 million at the beginning of the year and 3.55 million at the end of the year. The tax rate was 30%, interest expense totaled $125 thousand, and sales were $5.5 million. Net income for the year was

: $249,375

$161,875

$199,375

$342,500