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Suppose that you have the following information for Tigers Corp in 2 0 2 0 XX: Sales = = $ 7 0 0 , 0

Suppose that you have the following information for Tigers Corp in 20XX:
Sales= $700,000
Cost of Goods Sold= $400,000
Marketing & Administrative Expenses= $50,000 ; Depreciation Expense= $20,000
Interest Expense= $20,000
Tax Rate=30%
What is the net income for this company?

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