Biermann Equipment Is a Publicly Held Corporation Required to Pay

Biermann Equipment is a publicly held corporation required to pay income taxes.For the current year it had revenues of $5,000,000 and cash expenses of $3,000,000, and claimed CCA of $200,000.The company has a 30 percent tax rate.What would be the net cash flow for the current year if all revenues and expenses were in cash?

A) $1,190,000
B) $1,260,000
C) $1,460,000
D) $1,800,000
E) $2,000,000