Average tax rate-what is the net income for the firm

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Reference no: EM13847873

Papa Roach Exterminators, Inc., has sales of $554,000, total costs of $245,000, depreciation expense of $40,000, interest expense of $27,000, and an average tax rate of 35 percent. What is the net income for the firm?

$48,100

$224,300

$197,300

$157,300

$184,300

Reference no: EM13847873

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