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Here is some financial information for XYZ Corp from last year: Sales: $900,000 Cost of Sales: $ 100,000 Depreciation Expense: $80,000 Interest Expenses: $30,000 Other

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Here is some financial information for XYZ Corp from last year: Sales: $900,000 Cost of Sales: $ 100,000 Depreciation Expense: $80,000 Interest Expenses: $30,000 Other Operating Expenses: $90,000 Income Tax Expense: $150,000 Losses: $40,000 Dividends paid: $10,000 What was XYZ's Net Income last year

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