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Lifeline, Inc., has sales of $888,963, costs of $366,953, depreciation expense of $113,666, interest expense of $35,161, and a tax rate of 31 percent. What

Lifeline, Inc., has sales of $888,963, costs of $366,953, depreciation expense of $113,666, interest expense of $35,161, and a tax rate of 31 percent. What is the net income for this firm? (Hint: Build the Income Statement)

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