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Given the following information for Microsoft Corporation: Sales Revenue: $20,000,000 Cost of Goods Sold: $8,000,000 Selling and Administrative Expenses: $3,000,000 Income Tax Rate: 20% Additional

  1. Given the following information for Microsoft Corporation:
    • Sales Revenue: $20,000,000
    • Cost of Goods Sold: $8,000,000
    • Selling and Administrative Expenses: $3,000,000
    • Income Tax Rate: 20%

Additional Values:

    • Other Income: $500,000
    • Other Expenses: $200,000

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