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Dolby Corporation has provided the following information: Operating revenues from customers were $214,700. Operating expenses for the store were $126,000. Interest expense was $9,400. Gain
Dolby Corporation has provided the following information: Operating revenues from customers were $214,700. Operating expenses for the store were $126,000. Interest expense was $9,400. Gain from sale of plant and equipment was $4,400. Dividend payments to Dolby's stockholders were $8,400. Income tax expense was $44,000. Prepaid rent was $5,200. How much was Dolby's net income
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