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Using the information provided, calculate net income for 2017. Assume a tax rate of 35 percent Year 2017 Inventory $5,000 Revenues 200,000 Depreciation expense 5,000
Using the information provided, calculate net income for 2017. Assume a tax rate of 35 percent Year 2017 Inventory $5,000 Revenues 200,000 Depreciation expense 5,000 Cost of goods sold 100,000 Interest expense 10,000 Operating expenses 30,000 O A. $35,750 OB. $19,250 O C. $44,000 OD. $50,000
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