Use the following stock quotes to answer this question:

52-WEEK

Company

Volume

Close

Chg

High

Low

Aldridge, Inc.

32,653,080

34.50

.20

41.60

33.90

Baker Co.

11,508,900

78.10

2.30

82.30

74.60

Chelsea, Inc.

51,873,450

48.20

4.10

48.60

29.40

Baker Co. has 198,000 shares of stock outstanding and a PE ratio of 22. What was the net income for the most recent four quarters?

Top of Form

Multiple Choice

$590,089

$678,003

$702,900

$1,306,900

$1,405,800