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In 2019, Coperson Inc. reported $1253728 in total revenue, $928471 in operating expenses, and $102250 in depreciation. The company had $500,000 of bonds outstanding
In 2019, Coperson Inc. reported $1253728 in total revenue, $928471 in operating expenses, and $102250 in depreciation. The company had $500,000 of bonds outstanding that carry a 5% interest rate and its federal-plus-state income tax was 23%. How much was Coperson's Net Income?
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