The Manager at Harrison's Paper Service Needs to Assess the Net

The manager at Harrison's Paper Service needs to assess the net increase in income the company should experience after the investment in a new machine.The operating cash inflows from the investment of $185,000,with an additional depreciation deduction of $111,000.The company is taxed at 40%.
Required
Compute the increase in net income.

A) $56,200
B) $14,300
C) $44,400
D) $32,300
E) $23,500