Acme Pest Control Has Sales of $13,500, Cost of Goods

Multiple Choice

Acme Pest Control has sales of $13,500, cost of goods sold of $4,000, selling expenses of $3,500, depreciation of $2,000, interest expense of $2,000, and a tax rate of 34%. What is Acme's net income?

A) $2,920
B) $680
C) $2,000
D) $1,320