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A firm has EBIT of $935,100.00. Assume that the firm will pay $219,210.00 in interest in the upcoming year. The firm has a corporate tax

A firm has EBIT of $935,100.00. Assume that the firm will pay $219,210.00 in interest in the upcoming year. The firm has a corporate tax rate of 40.00%. The firm has 133,000.00 common shares outstanding.

What is the net income for the firm?

Answer format: Currency: Round to: 2 decimal places.

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