Question 4.6(10pts) January 1 is the beginning of operations in an automobile factory. The finance department states the gross income of the factory as $600,000 for the calendar year. Total operating costs with manufacturing expenses were calculated as $250,000. The depreciation for capital expenditures given as $25,000. Assume that 25% is the effective corporate tax rate. (i) What is the taxable income of this company? (ii) How much will the company pay in income taxes for the year? A) (i) $325,000, (ii) $81,250 B) (i) $375,000, (ii) $93,750 C) (i) $350,000, (ii)$87,500 D) Answers A, B and C are not correct