Orange Office Supplies recently reported $16,500 of sales, $8,500 of operating costs other than depreciation, and $1,650 of depreciation. It had $8,500 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)? *

$4,627

$4,870

$5,369

$5,755

None of the above