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What is the net income of the firm for the year

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Problem 1: At the end of its third year of operations, the Sandifer Manufacturing Co. has 4,576,000 in revenues, 3,344,000 in cost of goods sold, 458,000 in operating expenses which included depreciation expense o 151,000, and a tax liability equal to 34 percent of the firm's taxable income. What is the net income of the firm for the year?

Reference no: EM132808467

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