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Given the above information, calculate the net income. Enter the value in 2 decimal places. Sales = $ 4 , 7 0 0 Cost of

Given the above information, calculate the net income. Enter the value in 2 decimal places.
Sales = $4,700
Cost of Goods Sold = $1,650
Depreciation = $700
Times interest earned ratio =10
Tax rate=34%

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