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The Moore Corporation has operating income (EBIT) of $550,000. Its depreciation expense is $230,000. Moore is 100% equity financed. The federal tax rate is 21%

The Moore Corporation has operating income (EBIT) of $550,000. Its depreciation expense is $230,000. Moore is 100% equity financed. The federal tax rate is 21% (ignore any possible state corporate taxes). What is the company's net income? Round your answer to the nearest dollar

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