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Your firm recently reported $650,000 in sales. Operating costs are $200,000, and depreciation expenses total $125,000. The firm has $50,000 of interest expenses, and it

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Your firm recently reported $650,000 in sales. Operating costs are $200,000, and depreciation expenses total $125,000. The firm has $50,000 of interest expenses, and it is in the 25% tax bracket. What is the firm's net income? $206,250 $331,250 $300,000 None of the Above

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