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Griffin's Goat Farm, Inc., has sales of $544,000, costs of $275,000, depreciation expense of $52,000, interest expense of $26,000, and a tax rate of 25

Griffin's Goat Farm, Inc., has sales of $544,000, costs of $275,000, depreciation expense of $52,000, interest expense of $26,000, and a tax rate of 25 percent. What is the net income for this firm?

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