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In the past year Cullumber Corporation had net income of$211000, interest expense of $50000, and tax expense of $85000.During the current year, Cullumber refinanced their

In the past year Cullumber Corporation had net income of$211000, interest expense of $50000, and tax expense of $85000.During the current year, Cullumber refinanced their debt sointerest expense is In the past year Cullumber Corporation had net income of \( \$ 211000 \), interest expense of \( \$ 50000 \), and tax expense of \( \$ 85000 \). During the current year, Cullumber refinanced their deb 1 answer

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