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Hip JOVE CAIL Suom For the past year, Momsen, Ltd., had sales of $45,017, interest expense of $3,308, cost of goods sold of $15,434, selling

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Hip JOVE CAIL Suom For the past year, Momsen, Ltd., had sales of $45,017, interest expense of $3,308, cost of goods sold of $15,434, selling and administrative expense of $11,101, and depreciation of $5,400. If the tax rate was 40 percent, what was the company's net income? Multiple Choice $4,541 $9,774 O $5,864 $6,842

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