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Assume that the firm will pay 25860000 in interest in the

A firm has EBIT of $786,900.00. Assume that the firm will pay $258,600.00 in interest in the upcoming year. The firm has a corporate tax rate of 39.00%. The firm has 124,000.00 common shares outstanding.

What is the net income for the firm?

Answer Format: Currency: Round to: 2 decimal places.

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Finance Basics: Assume that the firm will pay 25860000 in interest in the

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