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Calculate net income if sales are $123,076, operating cost $70,921, depreciation is $19,004, and the firm also borrowed $10,000 at 7% interest and has a
Calculate net income if sales are $123,076, operating cost $70,921, depreciation is $19,004, and the firm also borrowed $10,000 at 7% interest and has a tax rate of .35. Answer to the nearest cent as in xx.xx leaving out the dollar sign.
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