Question $12$

$1\mathrm{.}5$ Points

The Top Class Company had revenues of $$925,000$ in $2022.$ Its operating expenses $($excluding depreciation$)$ amounted to $$325,000,$ depreciation charges were $$125,000,$ and interest costs totaled $$55,000.$ If the firm's tax rate is $34$ percent, what is its net income?

$($A$)$ $$600,000$

$($B$)$ $$475,000$

$($C$)$ $$402,200$

$($D$)$ $$277,200$

$($E$)$ $$420,000$