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The Canary Cruises Corporation Income Statement Accounts for the year ending December 3 1 , 2 0 2 2 : table [ [ Account

The Canary Cruises Corporation Income Statement Accounts for the year ending December 31,2022:
\table[[Account,Balance],[Sales revenue,750,000],[Cost of goods sold,250,000],[Fixed Costs,100,000],[Selling, General, and Admin Expenses,50,000],[Depreciation,50,000]]
What is the net income for the Canary Cruises Corporation if it paid $100,000 in interest for the year and has a 20% tax rate?
$100,000
$160,000
$75,000
$120,000
$150,000
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