Question 10 (1 point)

Delta Ray Brands Corp. just completed theirlatest fiscal year. The firm had sales of $17,473,600. Depreciation andamortization was $859,300, interest expense for the year was $818,100, andselling general and administrative expenses totaled $1,473,300 for the year,and cost of goods sold was $9,909,300 for the year. Assuming a federal incometax rate of 34%, what was the Delta Ray Brands net income after-tax? Round to the nearest cent.

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