Taylor Mining Inc. recently reported $20,000 of sales, $6,250 of operating costs other than depreciation, and $1,100 of depreciation. The company had no amortization charges, it had outstanding $6,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was the firm's net income after taxes? Taylor uses the same depreciation expense for tax and stockholder reporting purposes. a. $12,243.75 b. $9,792.19 c. $9,182.81 d. $9,487.50 e. $10,282.81