Question: Problem 2-2 Building an Income Statement [LO 2] Sidewinder, Inc., has sales of $698,000, costs of $344,000, depreciation expense of $89,000, interest expense of $54,000,

Problem 2-2 Building an Income Statement [LO 2] Sidewinder, Inc., has

Problem 2-2 Building an Income Statement [LO 2] Sidewinder, Inc., has sales of $698,000, costs of $344,000, depreciation expense of $89,000, interest expense of $54,000, and a tax rate of 21 percent. What is the net income for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income

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