What is company net after-tax income for the year

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Burns Holdings Inc. recorded sales of $100,000 last year and distributed $40,000 in total dividend payments to the company's shareholders. The company also recorded cost of goods sold of $70,000, total other expenses of $10,000, equity income of $5,000 and an increase in its cash account of $50,000. If the company paid income taxes of $15,000, what is the company's net after-tax income for the year?

Reference no: EM132410949

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