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William Blue Pty Ltd has sales of $1600 for the financial year ended 30 June 2015. The associated cost of goods sold is $800. The

William Blue Pty Ltd has sales of $1600 for the financial year ended 30 June 2015. The associated cost of goods sold is $800. The depreciation charge for the year is $50 and interest paid was $80. If the average tax rate is 30% what is the net income for the year?

$201

$670

$469

$750

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