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elated to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer anufacturing Co. had $4,584,000 in

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elated to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer anufacturing Co. had $4,584,000 in revenues, $3,355,000 in cost of goods sold, $444,000 in operating expenses which included preciation expense of $150,000, and a tax liability equal to 34 percent of the firm's taxable income. What is the net income of the firm r the year? omplete the income statement for Sandifer Manufacturing Co: (Round to the nearest dollar.) Revenues Less: Cost of Goods Sold = $ Equals: Gross Profit Less: Operating Expenses = Equals: Net Operating Income S Less: Interest Expense = Equals: Earnings before TaxesS Less: Income Taxes- Equals: Net Income =

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