McCartney Inc. recently reported $14,500 of sales, $8,750 of operating costs other than depreciation, and $1,600 of depreciation. It had $8,500 of bonds outstanding that carry a 9.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)?

$3,710.00

$4,870.00

$3,385.00

$2,280.00

$4,975.00