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The answer is $70 million, but I need help on how to solve this problem. 15. Information for Hobson Corp. for the current year (

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The answer is $70 million, but I need help on how to solve this problem.

15. Information for Hobson Corp. for the current year ( $ in millions): What should Hobson report as net income? a. $70 million. b. \$72million. c. $75 million. d. $88 million

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