Meric Mining Inc. recently reported $22,250 of sales, $7,500 of operating costs other than depreciation, and $1,200 of depreciation. The company had no amortization charges, it had outstanding $6,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was the firm's net income after taxes? Meric uses the same depreciation expense for tax and stockholder reporting purposes. Select the correct answer. Ca. $9,844.41 Ob. $9,851.11 Oc. $9,871.21 Od. $9,857.81 Oe. $9,864.51 42