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Griffin's Goat Farm, Incorporated, has sales of $674,000, costs of $395,000, depreciation expense of $46,000, interest expense of $16,000, and a tax rate 22 percent.

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Griffin's Goat Farm, Incorporated, has sales of $674,000, costs of $395,000, depreciation expense of $46,000, interest expense of $16,000, and a tax rate 22 percent. What is the net income for this firm? Multiple Choice $215,260 $68,720 $169,260 $185,260 $231,260

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