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Question: A company has the following financial data for the year Sales Revenue: $1,500,000 Cost of Goods Sold: $800,000 . Operating Expenses: $350,000 Expense:

Question: A company has the following financial data for the year Sales Revenue: $1,500,000 Cost of Goods Sold: $800,000 . Operating Expenses: $350,000 Expense: $50,000 Interest Income Tax Rate: 30% Calculate the company's net income for the year.

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