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Lifeline, Inc., has sales of $916,368, costs of $254,774, depreciation expense of $52,665, interest expense of $13,423, and a tax rate of 27 percent. What

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Lifeline, Inc., has sales of $916,368, costs of $254,774, depreciation expense of $52,665, interest expense of $13,423, and a tax rate of 27 percent. What is the net income for this firm? (Hint: Build the Income Statement)

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