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Griffin's Goat Farm, Inc., has sales of $677,000, costs of $339,000, depreciation expense of $83,000, interest expense of $51,500, and a tax rate of 25

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Griffin's Goat Farm, Inc., has sales of $677,000, costs of $339,000, depreciation expense of $83,000, interest expense of $51,500, and a tax rate of 25 percent. What is the net income for this firm? (Do not round intermediate calculations.) Net income

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