Use the following stock quotes to answer this question:

				52-WEEK
Company	Volume	Close	Chg	High	Low
Aldridge, Inc.	32,653,080	34.50	.20	41.60	33.90
Baker Co.	11,508,900	78.10	2.30	82.30	74.60
Chelsea, Inc.	51,873,450	48.20	4.10	48.60	29.40

Baker Co. has 198,000 shares of stock outstanding and a PE ratio of 22. What was the net income for the most recent four quarters?

Top of Form

Multiple Choice

$590,089

$678,003

$702,900

$1,306,900

$1,405,800