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U Question 1 1 pts Lifeline, Inc., has sales of $868,615, costs of $468,498, depreciation expense of $117.037. interest expense of $32,808, and a tax

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U Question 1 1 pts Lifeline, Inc., has sales of $868,615, costs of $468,498, depreciation expense of $117.037. interest expense of $32,808, and a tax rate of 33 percent. What is the net income for this form? (Hint: Build the Income Statement) Question 2 1 pts Arredondo, Inc., has current assets of $3,318, net fixed assets of $17.732. current liabilities of $897. and long-term debt of $302. What is the value of the shareholders' equity account for this form?. (Hint: Build the Balance Sheet)

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