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Griffin's Goat Farm, Inc., has sales of $604,000, costs of $325,000, depreciation expense of $46,000, interest expense of $31,000, and a tax rate of 24
Griffin's Goat Farm, Inc., has sales of $604,000, costs of $325,000, depreciation expense of $46,000, interest expense of $31,000, and a tax rate of 24 percent. What is the net income for this firm? Multiple Choice $57,040 $184,520 $199,520 $153,520 $230,520
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