MetaOradell Company sells its single product at a price of $$60$ per unit and incurs the following variable costs per unit of product:

Direct Material

$ $16$

Direct Labor

$12$

Manufacturing Overhead

$7$

Selling expenses

$5$

Total variable costs

$ $40$

Oradell annual fixed costs are $$880,000,$ and Oradell is subject to a $30\%$ income tax rate.

What is the annual sales revenue required by Oradell Company in order to achieve after$-$tax net income of $$224,000$ for the year?

A$.$

$$1,656,000$

B$.$

$$3,110,400$

C$.$

$$3,600,000$

D$.$

$$3,312,000$