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For the past year, Momsen Lim ted had sales of $45,407, interest expense of $3,464, cost of goods 50 ld of $15,784, selling and administrative

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For the past year, Momsen Lim ted had sales of $45,407, interest expense of $3,464, cost of goods 50 ld of $15,784, selling and administrative expense of. $11,291, and depreciation or $5,690. If the tax rate was 24 percent, what was the companys net income? Muliple Choice 59,178 56,425 56,144 $15,556 $6,975

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