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Griffin's Goat Farm, Inc., has sales of $614,000, costs of $235,000, depreciation expense of $55,000, interest expense of $17,000, and a tax rate of 22

Griffin's Goat Farm, Inc., has sales of $614,000, costs of $235,000, depreciation expense of $55,000, interest expense of $17,000, and a tax rate of 22 percent. What is the net income for this firm?

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