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The Redding Co has sales of $174,240, operating costs of $50,216, depreciation of $15,000, and debt of $9,000 for which it pays 8% interest. If

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The Redding Co has sales of $174,240, operating costs of $50,216, depreciation of $15,000, and debt of $9,000 for which it pays 8% interest. If it is paying taxes at 35% what is its net income

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