on 19 et ered The Capsicum Corporation reported $150,000 of sales, $75,500 of operating costs other than depreciation, and $10,200 of depreciation. The company had $16,500 of debt, requiring it to pay $1,196.50 as interest expense annually. The corporate tax rate was 35%. Calculate the amount of net income. ed out of ag question Select one: O a. $38,966.57 b. $35,167.33 c. $41,017.44 d. $37,018.24 -ss calcul dooo BFIN 200 - Ch 4.pptm Open file BFIN 200 - HW Ans door CS 769 13 it of The Lettuce Corporation reported operating income of $2.75 million, depreciation of $1.20 million, and had a tax rate of 40%. The company expenditures on fixed assets and net operating working capital totaled $0.6 million. The company had no debt on its balance sheet, and so did not have to pay the interest expense. Calculate the amount of net income, reported in millions and rounded to two decimal points. jestion Select one: a. $2.14 O b. $2.03 O c. $2.25 d. $1.65 ul...docx BFIN 200 - Ch 4pptm Open file BFIN 200 - HW Ans.docx Open file w 76%