The trial balance of Lakewood Inc. included the following accounts as of December 31, 2021: Debits Credits Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expense Loss on inventory write-down Interest expense General and administrative expense $ 1,800,000 $ 80,000 $ 50,000 $ 1,100,000 $ 220,000 $ 30,000 $ 40,000 $ 200,000 Income tax expense has not yet been accrued. The effective tax rate is 25%. Based on the information above, what is the Answers A - D A $150,000 B $255,000 C $250,000 D $345,000