Suppose that you have the following 2017 income statement of a company and you are preparing the cash flow statement at the end of 2017. Assume that the beginning cash was $200,000 and that the company has not paid its interest expense or taxes for that year. What is the amount of cash available at the end of the year?

	2017 Income Statement
Sales Revenue	100,000
- Cost of Goods Sold	81,000
Gross Profits	19,000
- Depreciation Expense	7200
Operating Profits	11,800
- Interest Expense	500
Net Profits before Taxes	11,300
- Taxes (40%)	4520
Net Profits after Taxes	6780

a. $205,020

b. $211,800

c. $219,000

d. $221,000