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A firm has the following accounts and financial data for 2022: Sales Revenue of $4,250, Cost of Goods Sold of $2,250, Accounts Receivable of $1,000,
A firm has the following accounts and financial data for 2022: Sales Revenue of $4,250, Cost of Goods Sold of $2,250, Accounts Receivable of $1,000, Dividends of $35, Depreciation Expense of $400, Tax Rate of 35%, Total Cash Operating Expenses of $1,300 and Number of Shares Outstanding of 1,000. Interest Expense = 916. The firm's net income for 2022 was ___________
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