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Griffin's Goat Farm, Incorporated, has sales of $684,000, costs of $385,000, depreciation expense of $55,000, interest expense of $24,000, and a tax rate of 25
Griffin's Goat Farm, Incorporated, has sales of $684,000, costs of $385,000, depreciation expense of $55,000, interest expense of $24,000, and a tax rate of 25 percent. What is the net income for this firm?
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