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Griffin's Goat Farm, Inc., has sales of $704,000, costs of $365.000, depreciation expense of $49,000, interest expense of $21,000, and a tax rate of 25
Griffin's Goat Farm, Inc., has sales of $704,000, costs of $365.000, depreciation expense of $49,000, interest expense of $21,000, and a tax rate of 25 percent. What is the net income for this firm? Multiple Choice $93,000 O $271750 O O $201.750
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