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MALICS Current Attempt in Progress In a recent year, Waterway Corporation had net income of $265000, interest expense of $55000, and a times interest earned

MALICS Current Attempt in Progress In a recent year, Waterway Corporation had net income of $265000, interest expense of $55000, and a times interest earned of 10. What was Waterway Corporation's income before taxes for the year? $605000 • $550000 • $495000 • None of the answers are correct.

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