Use the Following Information for the Following Questions:
Sesame

Use the following information for the following questions:
Sesame Corp.'s adjusted trial balance at December 31, 2020, included the following:
$\begin{array}{c}\begin{array}{lll}\\\text {Sales......................................................................}\\\text {Cost of goods sold..................................................}\\\text {Administrative expenses........................................}\\\text {Loss on sale of equipment.......................................}\\\text {Sales commissions..................................................}\\\text {Interest revenue.....................................................}\\\text {Loss of warehouse due to flood...............................}\\\text {Loss from operation of discontinued division.........}\\\text {Bad debt expense....................................................}\\\text {Totals.....................................................................}\end{array}\begin{array}{lll}\underline{\text {Debit}}\\\\\$ 70,000 \\28,000 \\11,000 \\9,000\\\\15,000 \\24,000 \\\underline{5,000} \\\underline{ \$ 162,000 }\\\end{array}\begin{array}{lll}\underline{\text {Credit}}\\\$170,000\\\\ \\ \\\\6,000\\ \\ \\\underline{\quad\quad} \\\underline{ \$ 176,000 }\\\end{array}\end{array}$

Sesame uses the perpetual system, and their income tax rate is $30 \%$ .
-On Sesame's multiple-step income statement for 2020, net income is

A) $9,800.
B) $15,000.
C) $16,800.
D) $24,000.