What is the bottom line net income for the company

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Reference no: EM131225570

In its latest set of financials, a company presents the following information regarding its income statement:

Total Sales/Revenues $2,600,000

Tax Expense $120,000

Admin Expenses $550,000

Interest Expense $420,000

Cost of Goods Sold $1,200,000

Rent Expense $100,000

Assuming these 6 items are the only income statement entries provided by the company, what is the bottom line net income for the company?

a. $1,400,000

b. ($330,000)

c. $750,000

d. $210,000

e. None of the answers provided

Reference no: EM131225570

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