Question 31: Pepsi-Coke Corp. had the following results for the past year: sales $122,000; accounts receivable $4,800; cost of goods sold $42,000; accounts payable $2,100; depreciation expense $8,200; dividends paid $5,300; interest expense $3,400; and other expenses $2,100. The firm faces a tax rate of 30%. What was the net income for the past year? (1 Point) $35,280 $41,110 $46,410 $47,880 $52, 150 Question 30: Meg and Peg are twins. Meg invested $1,000, earned 9% annually, and now has $1,992.56. Peg invested $1,000, earned 6.47%, and now has $1,992.97. Meg invested their money years ago. (1 Point) 8 9 10 11 O O 12