Sean Co. has sales of $300,000 and COGS of $240,000 for the year ended December 31, 2023.It also has selling expenses of $32,000 and administrative expenses of $10,000.What is the net income or loss amount on an income statement under ASPE taking into account income tax expense? Assume a tax rate of 30%. Select one: a. $23,400 income b. $18,000 loss c. $12,600 income d. $12,600 loss