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Moose Industries faces the following tax schedule: Last year the company realized $10,000,000 in operating income (EBIT). Its annual interest expense is $1,500,000. What was

Moose Industries faces the following tax schedule: image text in transcribed Last year the company realized $10,000,000 in operating income (EBIT). Its annual interest expense is $1,500,000. What was the companys net income for the year?

Select one:

a. $3,450,175

b. $4,385,100

c. $5,100,000

d. $5,610,000

e. $8,386,100

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