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Lifeline, Inc., has sales of $772,764, costs of $446,895, depreciation expense of $57,610, interest expense of $37,079, and a tax rate of 37 percent. What

Lifeline, Inc., has sales of $772,764, costs of $446,895, depreciation expense of $57,610, interest expense of $37,079, and a tax rate of 37 percent. What is the net income for this firm? (Hint: Build the Income Statement)

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