Cushman Company had $844,000 in sales, sales discounts of $12,660, sales returns and allowances of $18,990, cost of goods sold of $400,900, and $290,335 in operating expenses. Net income equals:
A. $812,350.
B. $411,450.
C. $184,415.
D. $121,115.
E. $152,765.
Answer: D
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