Eastern Pacific Distributors began operations in January 2021 and purchased a delivery truck for $40,000. Eastern Pacific plans to use straight-line depreciation over a four-year expected useful life for financial reporting purposes. For tax purposes, the deduction is 50% of cost in 2021, 30% in 2022, and 20% in 2023. Pretax accounting income for 2021 was $200,000, which includes interest revenue of $28,000 from municipal governmental bonds. The enacted tax rate is 25%. Assuming no differences between accounting income and taxable income other than those described above. What is the amount of 2021 net income? a. $158,500 b. $159,500 c. $157,500 d. $157,000