Mountain Rescue Inc. reported the following for its most recent fiscal year revenues of $2,500,000, operating expenses of $1,500,000, acquisition of 5 new snowmobiles $50,000, and depreciation expense of $100,000. Therefore, the company's taxable income is Select one: a. $950,000. o b. $1,000,000 c. $850,000. O d. $900,000 Clear my choice