The following is information for Travis Company for the current year: $700,000 230,000 134,000 Net Sales Cost of Goods Sold Operating Expenses Other Income and (Expenses): Gain on Sale of Equipment Loss on Disposal of Equipment Income Tax Expense 20,000 (9,000) 40% The company also had a gain on discontinued operations of $16,059 before taxes. What is the company's net income for the year? .... O A. $138,800 OB. $347,000 O c. $217,835 OD. $208,200