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Griffin's Goat Farm, Incorporated, has sales of $574,000, costs of $405,000, depreciation expense of $47,000, interest expense of $35,000, and a tax rate of 23
Griffin's Goat Farm, Incorporated, has sales of $574,000, costs of $405,000, depreciation expense of $47,000, interest expense of $35,000, and a tax rate of 23 percent. What is the net income for this firm? Multiple Choice $113,990 $101,990 $66,990 $45,020 $148,990
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