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+ + + A company's operating income is $ 1 0 0 , 0 0 0 , and its interest expense is $ 2 0

+++A company's operating income is $100,000, and its interest expense is $20,000. If its tax rate is 30%, what is its net income?
a) $56,000
b) $70,000
c) $56,000
d) $60,000

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