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The Redding Co has sales of $185,058, operating costs of $69,927, depreciation of $15,000, and debt of $9,000 for which it pays 8% interest. If

The Redding Co has sales of $185,058, operating costs of $69,927, 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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