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Marshall Industries has an annual interest expense of $30,000 and pays income tax equal to 40 percent of taxable income (EBT). Marshall's times-interest-earned ratio is

Marshall Industries has an annual interest expense of $30,000 and pays income tax equal to 40 percent of taxable income (EBT). Marshall's times-interest-earned ratio is 4.2. What is Marshall's net income?

Group of answer choices

$57,600

$126,000

$57,000

$96,000

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