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Question 8 Tomato Corporation has provided the following information for 2008: - Gross profit was $99,085. Selling, general, and administrative expenses were $58,513. Interest expense
Question 8 Tomato Corporation has provided the following information for 2008: - Gross profit was $99,085. Selling, general, and administrative expenses were $58,513. Interest expense was $3,803. Gain from sale of plant and equipment was $7,823. Dividend payments to Tomato's stockholders were $5,454. Proceeds from bond sales on December 31, 2008 was $2,233. Income tax expense was $16,819. What was Tomato Corporation's net income during 2008?
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