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The Pina Colada Industries has the following account balances: Retained earnings $74000 Revenue $355000 Operating Expenses $295000 Interest Expense $15000 On the corporate income statement

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The Pina Colada Industries has the following account balances: Retained earnings $74000 Revenue $355000 Operating Expenses $295000 Interest Expense $15000 On the corporate income statement what will be the amount reported as profit" given an income tax rate of 15%? $62900 $45000 $38250 $36000

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