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Ryan & Sons, Inc has operating income (EBIT) of $2,550,000. The company's depreciation and interest expense are $450,000 and $220,000, respectively, and its income tax
Ryan & Sons, Inc has operating income (EBIT) of $2,550,000. The company's depreciation and interest expense are $450,000 and $220,000, respectively, and its income tax rate is 40%. What is Ryan's net income?
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