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Umbrella Corp. had sales of $730576. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $550441, $70164, and $118680, respectively. In addition,

Umbrella Corp. had sales of $730576. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $550441, $70164, and $118680, respectively. In addition, the company had an interest expense of $45120 and a tax rate of 32 percent.

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