What was net income during the year

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Reference no: EM131625094

ABC had sales during the year of 3,088,000. Its cost of goods sold was 1,782,000 and it had selling, general and admin expenses of 734,000. Depreciation expense was 417,000 and interest expense was 37,000. Given its tax rate of 40%, what was ABC's net income during the year?

Reference no: EM131625094

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