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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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