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Calculate net income: Sales = $ 4 5 0 , 0 0 0 Costs = $ 2 3 5 , 0 0 0 Interest expense

Calculate net income:
Sales =$450,000
Costs =$235,000
Interest expense =$28,000
Depreciation =$30,000
Tax rate =21 percent
Multiple Choice
$128,463
$124,030
$130,350
$157,000
$121,149
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