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Lifeline, Inc., has sales of $994,787, costs of $487,972, depreciation expense of $49,846, interest expense of $18,638, and a tax rate of 33 percent. What

Lifeline, Inc., has sales of $994,787, costs of $487,972, depreciation expense of $49,846, interest expense of $18,638, and a tax rate of 33 percent. What is the net income for this firm? (Hint: Build the Income Statement)

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