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Question 2 16.67 pts Challenge Corp has sales revenue of $595,000, Cost of Goods Sold of $290,000, Depreciation expense of $42,000, Interest expense of $31,000,

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Question 2 16.67 pts Challenge Corp has sales revenue of $595,000, Cost of Goods Sold of $290,000, Depreciation expense of $42,000, Interest expense of $31,000, and a 35% tax rate. What is the net income for this form? $205,840 $197.300 $126,000 $150,800

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