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Please assist with the following questions. 1. Delta Ray Brands Corp. just completed theirlatest fiscal year. The firm had sales of $17,416,700. Depreciation andamortization was
Please assist with the following questions.
1.Delta Ray Brands Corp. just completed theirlatest fiscal year. The firm had sales of $17,416,700. Depreciation andamortization was $826,700, interest expense for the year was $843,000, andselling general and administrative expenses totaled $1,548,500 for the year,and cost of goods sold was $9,908,600 for the year. Assuming a federal incometax rate of 34%, what was the Delta Ray Brands net income after-tax?
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