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and to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer Manufacturing Co. had $4,550,000 in

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and to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer Manufacturing Co. had $4,550,000 in revenues $3.300,000 in cost of goods sold ,000 in operating expenses which included depreciation expense of $150,000, and a taxabilly equal to 34 percent of the firm's taxable income. What is the net income of the firm for the year? let the income statement for Sander Manufacturing Co. (Round to the nearest dolar) Ravens 5 Lass: Cost of Goods Bold $ Equals: Gross Profit $ Less: Operating Expenses $ Equals: Net Operating income $ Less: Interest Expense $ Equals: Earnings before Tres 5 Less Income Two 5 Equais: Net Income Related to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandider Manufacturing Co. had 4,650.000 in revenues $3,360,000 in cost of goods 101 $454,000 in operating expenses which included depreciation expense of $150.000, and a taxabity equal to 34 percent of the fem's taxable income Wat is the net income of the fem for the year? Complete the income statement for Sandfer Manufacturing Co (Round to the nearest dollar) Revenues 5 Less: Cost of Goods Sold 5 Equals: Gross Profit $ Lese: Operating Expenses $ Equals: Not Operating Income $ Less Interest Expense $ Equals: Earnings before Taxes 5 Less Income Taxes $ Equals: Not Income $

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