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Billys Exterminators, Inc., has sales revenue of $749,000, fixed and variable costs of $306,000, depreciation expense of $58,000, interest expense of $39,000, and an (effective)

Billys Exterminators, Inc., has sales revenue of $749,000, fixed and variable costs of $306,000, depreciation expense of $58,000, interest expense of $39,000, and an (effective) tax rate of 35 percent. What is the net income for this firm?

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