Question: Use the information below to answer the following question. K-CO Company Summary Income Statement Data For the year ended December 31, 2016 $ Total Sales

Use the information below to answer the following question. K-CO Company Summary Income Statement Data For the year ended December 31, 2016 $ Total Sales (4,000 units) $ 800,000 Sper unit % 200.00 100% Total Variable Costs ? 120.00 60% ? 2 ? Contribution Margin Total Fixed Costs 200,000 Operating Income $ 120,000 What is the required target operating income to generate a net income of $63,000 if K-Co's tax rate is 30%? Select one: O a. $210,000 Ob. $90,000 O c. $120,000 O d. $84,000

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