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Centennial Brewery produced sales of $ 1,336,000 in 2012. It has $ 849,000 costs of goods sold, $ 148,000 depreciation, and $ 76,000 interest expenses.
Centennial Brewery produced sales of $ 1,336,000 in 2012. It has $ 849,000 costs of goods sold, $ 148,000 depreciation, and $ 76,000 interest expenses. It pays a 34 percent tax. What is the firms net income? Do not include the $ sign, and round it to a whole dollar, e.g., 2211450 (for $2,211,450).
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