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Compute the company final Net Income

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Question - Blue Heron Company, with an applicable income tax rate of 30%, computed after-tax Net Income of $400,000. However, Blue Heron failed to recognize pre-tax Wage Expense of $2,000 and Interest Revenue of $5,000 in its computation. Compute the company's final Net Income?

a. $402,100

b. $402,900

c. $397,900

d. $397,100

e. $403,000

Reference no: EM132526944

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