Holly Farms has sales of $581,600,costs of $479,700,depreciation expense of $32,100,and interest paid of $8,400.The tax rate is 42 percent.How much net income did the firm earn for the period?
A) $25,788
B) 35,612
C) $43,380
D) $45,671
E) $45,886
Correct Answer:
Verified
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