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More Income Statement Practice A firm has $5,703 in Net Sales and Operating Expenses are $1,349. Depreciation Expense is $575. Interest expense is $495 and

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More Income Statement Practice A firm has $5,703 in Net Sales and Operating Expenses are $1,349. Depreciation Expense is $575. Interest expense is $495 and the firm has $614.8 in taxes. Calculate the firm's Net Income. Include a negative if appropriate. 1. first find EBIT 2. next subtract Interest 3. then subtract taxes Your answer should be in dollars ($200 or 200 are both acceptable formats)

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