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Lifeline, Inc., has sales of $901,300, costs of $234,587, depreciation expense of $89,209, interest expense of $24,911, and a tax rate of 33 percent. What

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Lifeline, Inc., has sales of $901,300, costs of $234,587, depreciation expense of $89,209, interest expense of $24,911, and a tax rate of 33 percent. What is the net income for this firm? (Hint: Build the Income Statement)

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