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The net cash provided by operating activities in Delmar Corporations 2014 annual report was $7,000,000. For 2014, depreciation expense was $3,200,000, a gain on sale
The net cash provided by operating activities in Delmar Corporations 2014 annual report was $7,000,000. For 2014, depreciation expense was $3,200,000, a gain on sale of equipment was $750,000, total current assets (other than cash) increased by $2,250,000, and total current liabilities (other than short-term loans) increased by $900,000. Based on the preceding information, calculate Delmar Corporations 2014 net income?
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