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Griffin's Goat Farm, Inc., has sales of $724,000, costs of $245,000, depreciation expense of $36,000, interest expense of $28,000, and a tax rate of 22
Griffin's Goat Farm, Inc., has sales of $724,000, costs of $245,000, depreciation expense of $36,000, interest expense of $28,000, and a tax rate of 22 percent. What is the net income for this firm? Multiple Choice $359,700 $255,720 $323,700 $351,700
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