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Poku Manufacturing Inc. has sales returns of $100,000 and gross sales of $734,000 as of December 31, 2022. The firm reports costs of $328,000, depreciation
Poku Manufacturing Inc. has sales returns of $100,000 and gross sales of $734,000 as of December 31, 2022. The firm reports costs of $328,000, depreciation expense of $73,000, interest expense of $38,000. The firm had a tax rate of 21 percent. Calculate Poku Manufacturings net income as of December 31, 2022.
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