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Imagine you are the financial analyst at Apple Inc. During the fiscal year ending September 30, 2023, the company reported the following figures: Total revenue
Imagine you are the financial analyst at Apple Inc. During the fiscal year ending September 30, 2023, the company reported the following figures: Total revenue $365 billion, Cost of Goods Sold (COGS) $220 billion, Selling, General, and Administrative (SG&A) expenses $45 billion, and Taxes $20 billion. Calculate Apple's net income for the fiscal year.
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