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What was ABC Inc net income for the year

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Reference no: EM132612523

Question - The following amounts appeared in the accounting records of ABC Inc. for the year:

Operating expenses $25000

Sales revenue $400000

Interest expense $50000

Dividends paid $15000

Income tax expense $75000

Deferred revenue $50000

Required - What was ABC Inc.'s net income for the year?

Reference no: EM132612523

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