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Business, 31.08.2021 02:10 Jinesha

Art's Boutique has sales of $640,000 and costs of $480,000. Interest expense is $40,000 and depreciation is $60,000. The tax rate is 34%. What is the net income? a. $79,600.
b. $20,400.
c. $99,600.
d. $50,400.
e. $39,600.

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