Your firm has $3,000,000 in sales. Operating costs are 28% of sales, and depreciation expenses are 10% of operating costs. The firm has $5,000,000 in debt outstanding at a 9% rate, and the firm is in the 29% tax bracket. What is the firm's net income? $1,154,160 $1,238,460 $1,001,100 None of the above