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The Carpentry Shop has sales of $398,600, costs of $254,800, depreciation expense of $23,400, interest expense of $1,200 and a tax rate of 30 percent.

The Carpentry Shop has sales of $398,600, costs of $254,800, depreciation expense of $23,400, interest expense of $1,200 and a tax rate of 30 percent. What is the net income for this firm?

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