Frank Town Farms Has Sales of $481,600, Costs of $379,700

Frank Town Farms has sales of $481,600, costs of $379,700, depreciation expense of $32,100, and interest paid of $8,400. The tax rate is 32 percent. How much net income did the firm earn for the period?

A) $41,752
B) $43,090
C) $43,380
D) $45,671
E) $45,886