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Using the following values, calculate the Net Income. **Round the given answer to the nearest whole dollar. Accounts Receivable $205 Accumulated Depreciation $215 Cost of

Using the following values, calculate the Net Income. **Round the given answer to the nearest whole dollar.

Accounts Receivable $205

Accumulated Depreciation $215

Cost of Goods Sold $105

Depreciation Expense $55

Administrative Expense $67

Interest Expense $72

Preferred Stock Dividends $12

Sales $600

Stockholders Equity $260

Taxes 30%

Your Answer _________________________

Interest

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