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ABC Company had the following operating results for 2015: sales = $19,820; cost of goods sold = $13,940; depreciation expense = $2,330; interest expense =
ABC Company had the following operating results for 2015: sales = $19,820; cost of goods sold = $13,940; depreciation expense = $2,330; interest expense = $325; dividends paid = $590. The tax rate for the year was 35 percent.
What is the net income for 2015?
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