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The lucky black cat has sales revenue from cat food sales in the amount of $660000, production costs of $130000, depreciation expense of $40000, interest
The lucky black cat has sales revenue from cat food sales in the amount of $660000, production costs of $130000, depreciation expense of $40000, interest expense of $25000, and a tax rate of 30%. what is the net income for the Lucky Black cat?
a $139500
b. 325500
c. 343000
d. 353000
e. 490000
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