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Andres bakery has sales of $487,000 with costs of $255,000. interest expense is $26,000 and depreciation...

Andres bakery has sales of $487,000 with costs of $255,000. interest expense is $26,000 and depreciation is $42,000. the tax rate is 21 percent. what is net income?

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ANSWER IN THE IMAGE ((YELLOW HIGHLIGHTED). FEEL FREE TO ASK ANY DOUBTS. THUMBS UP PLEASE. THUMBS UP PLEASE.

Net Income= $129,560


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