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Problem 2 - 2 Building an Income Statement [ LO 1 ] Nataro, Incorporated, has sales of $ 6 6 3 , 0 0 0

Problem 2-2 Building an Income Statement [LO1]
Nataro, Incorporated, has sales of $663,000, costs of $325,000, depreciation expense of $69,000, interest expense of $44,500, and a tax rate of 21 percent.
What is the net income for this firm? (Do not round intermediate calculations.)
Net income
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