Question: Q 5 . Last year, J&T Corp reported $ 3 5 0 , 0 0 0 in sales, $ 2 3 0 , 0 0

Q5. Last year, J&T Corp reported $350,000 in sales, $230,000 in total costs, and $21,000 in depreciation expenses. If the company paid $30,000 in interest expenses and a flat corporate tax rate of 21%, what was the company's net income last year?
Q 5 . Last year, J&T Corp reported $ 3 5 0 , 0 0

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