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Calculate the net income for XYZ Company given the following information: Total Revenues: $ 1 5 0 , 0 0 0 Cost of Goods Sold:

Calculate the net income for XYZ Company given the following information:
Total Revenues: $150,000
Cost of Goods Sold: $50,000
Operating Expenses: $30,000
Interest Expense: $5,000
Tax Rate: 30%

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