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Moose Industries has a corporate tax rate of 2 5 % . Last year the company realized $ 1 4 , 0 0 0 ,

Moose Industries has a corporate tax rate of

25 % .

Last year the company realized $

14, 000, 000

in operating income

(

EBIT

) .

Its annual interest expense is $

2, 000, 000 .

What was the company

s net income for the year?

Integer, decimal, or E notation allowed

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