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2. Selected accounts are listed below. much is the firm's Net Income? How Assume the tax rate is 32%. $2,000 56,000 Accounts Payable Sales Cost

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2. Selected accounts are listed below. much is the firm's Net Income? How Assume the tax rate is 32%. $2,000 56,000 Accounts Payable Sales Cost of goods sold31,000 Interest expense Marketing expense Admin Expense Fixed Assets 1,000 8,000 2,000 12,000

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