Information from the operating budgets of Roswell Fabricators follows: Selling and administrative expenses $ 140,000 Factory overhead
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Information from the operating budgets of Roswell Fabricators follows:
| Selling and administrative expenses | $ 140,000 |
| Factory overhead | 200,000 |
| Sales | 1,000,000 |
| Cost of goods sold | 450,000 |
| Capital expenditures | 100,000 |
If Northwest's income tax rate is 30%, what is the budgeted net income?
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