A Company Reported the Following What Is the Amount of Income Before Income Taxes?
A)$7,600

Multiple Choice

A company reported the following: $\begin{array}{lr}\text { Cost of Goods Sold } & \$ 200,000 \\\text { General, Selling, and Administrative Expenses } & 52,800 \\\text { Income Tax Expense } & 3,600 \\\text { Inventory } & 12,000 \\\text { Net Income } & 22,560 \\\text { Sales Revenue } & 284,000 \\\text { Sales Discounts } & 2,720\\\text { Sales Returns \& Allowances }&2,320\end{array}$ What is the amount of income before income taxes?

A) $7,600
B) $26,160
C) $10,400
D) $14,000