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Question 9 of 18 A company reports the following GAAP income statement: Income Statement (GAAP) (5 in millions) 20194 Revenue 654 Operating expenses 254 Operating

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Question 9 of 18 A company reports the following GAAP income statement: Income Statement (GAAP) (5 in millions) 20194 Revenue 654 Operating expenses 254 Operating profit 400 Interest expense 14 Other expenses 3 Pretax profit 383 Taxes 71 Net income 306 In addition to the GAAP income statement, the company provided a 2019 non-GAAP disclosure identifying: * 512 million in stock-based compensation expense * 57 million in restructuring expenses * $5 million gain on sale Assuming the company s effective tax rate applies to non-GAAP items, estimate 2019 non-GAAP net ncome; {1 $295 million (71 $317 million (] $323 million (] $325 million

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