On December 31,2019,The Bates Company's Revenue Is $300,000 and Expenses

Multiple Choice

On December 31,2019,The Bates Company's revenue is $300,000 and expenses total $160,000 before consideration of the following: Accrued wages total $11,000;
Accrued revenues total $36,000;
Depreciation expense is $17,000;
Rental revenue of $9,000 was earned;the rent from a tenant was initially recorded by Bates as unearned rent revenue;
The income tax rate is 40% of income before income taxes.
What is Bates' net income after consideration of the above information?

A) $94,200.
B) $157,000.
C) $140,000.
D) $88,800.