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XXL Roach Exterminators, Inc., has sales of $704,000, costs of $255,000, depreciation expense of $39,000, interest expense of $32,000, and a tax rate of 40

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XXL Roach Exterminators, Inc., has sales of $704,000, costs of $255,000, depreciation expense of $39,000, interest expense of $32,000, and a tax rate of 40 percent. What is the net income for firm? Hint: Construct a simple income statement using the information given. $258,800 $297,800 $96,400 O $226,800 O $265,800 HY

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