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The Carpentry Shop has sales of $465,928, costs of $254,800, depreciation expense of $26,400, interest expense of $1,600, and a tax rate of 34 percent.

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The Carpentry Shop has sales of $465,928, costs of $254,800, depreciation expense of $26,400, interest expense of $1,600, and a tax rate of 34 percent. What is the net income for this firm? O A. $120,864 B. $24,712 C. $121,920 D. $184,728 O E. $245,392

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