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MacBurger has just finished up its year. Use the information below to compute the company's Net Income. Note that some items might not be needed.

MacBurger has just finished up its year. Use the information below to compute the company's Net Income. Note that some items might not be needed. If MacBurger has negative taxable income, the firm will receive a tax credit based on the same percentage as its tax rate. Answer to the nearest dollar.

Accounts Payable 69,000
Accumulated Depreciation 394,000
Capital Expenditures 63,000
Cash 20,000
Common Equity 896,000
Cost of Goods Sold 371,000
Current Liabilities 179,000
Depreciation 131,000
Dividends to shareholders 24,000
Interest Expense 54,000
Interest Income 16,000
Inventory 84,000
Research & Development Expense 38,000
Sales 824,000
Selling, General & Admin. Expense 118,000
Taxes (% of taxable income) 25%
Total Assets 644,000

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