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1.Genco Olive Oil company has generated the following income statement accounts, in thousands: Sales$900 Cost of goods sold$400 Selling, general and Administrative expenses, Not including

1.Genco Olive Oil company has generated the following income statement accounts, in thousands:

Sales$900

Cost of goods sold$400

Selling, general and

Administrative expenses,

Not including depreciation$200

Depreciation$100

Interest expense$50

Tax rate30%

What is Genco's net income?

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