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What was the amount of net income

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Reference no: EM132939152

You overheard a conversation at work about your company's 2019 Income Statement that indicated:
Last year's revenues were $ $510,967,632
Interest expense was $20,438,705
The corporate tax rate was 30%
COGS was 40% of revenues
Operating expenses were 20% of revenues
Depreciation expenses were $25,548,382

Problem 1: What was the amount of Net Income?

Reference no: EM132939152

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