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ABC Inc. has sales of $251,688, costs of $112,324, depreciation expense of $21,391, and interest paid of $49,571. The tax rate is 37 percent. How

ABC Inc. has sales of $251,688, costs of $112,324, depreciation expense of $21,391, and interest paid of $49,571. The tax rate is 37 percent. How much net income did the firm earn for the period?

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