The Down Towner Has Annual Costs of Goods Sold of $42,600,interest

The Down Towner has annual costs of goods sold of $42,600,interest expense of $650,selling and administrative expenses of $7,800,dividends paid of $1,200,depreciation of $1,100,and a tax rate of 34 percent.What is the firm's taxable income if it added $2,500 to retained earnings during the year?

A) $2,181.30
B) $8,711.18
C) $3,700.00
D) $5,606.06
E) $10,882.35