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For Vaughn Manufacturing, sales revenue is $3000000, fixed expenses are $740000, and the contribution margin ratio is 34%. What is the companys net income? Select

For Vaughn Manufacturing, sales revenue is $3000000, fixed expenses are $740000, and the contribution margin ratio is 34%. What is the companys net income? Select answer from the options below $1020000 $251600 $280000 $768400

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