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The Wildhorse Mills Company has just disclosed the following financial information in its annual report: sales of $1.48 million, cost of goods sold of $818,900,

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The Wildhorse Mills Company has just disclosed the following financial information in its annual report: sales of $1.48 million, cost of goods sold of $818,900, depreciation expenses of $181,400, and interest expenses of $95,800. Assume that the furm has an average tax rate of 29 percent. What is the company's net income? Set up an income statement to answer the question. (Round answers to 2 decimal places, e.g. 15.25.) Question 4 of 5 eTextbook and Media

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