Save Answer Moving to another question will save this response. Question 1 of 21 >> Question 1 3 points A company recently reported $600,000 of sales, $400,000 of operating costs other than depreciation, and $10,000 of depreciation. The company had $100,000 of outstanding bonds that carry a 10% interest rate, and its federal-plus-state income tax rate was 21%. How much was the firm's net income? The firm uses the same depreciation expense for tax and stockholder reporting purposes. $180,000 $135,000 $142.200