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Billys Exterminators, Inc., has sales of $740,000, costs of $288,000, depreciation expense of $40,000, interest expense of $30,000, and a tax rate of 35 percent.

Billys Exterminators, Inc., has sales of $740,000, costs of $288,000, depreciation expense of $40,000, interest expense of $30,000, and a tax rate of 35 percent. What is the net income for this firm

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