Question: Use the below information to answer the following question. Cost of Goods Sold $6409 Interest 315 Dividends 420 Depreciation 811 Change in Retained Earnings 296

Use the below information to answer the following question.

Cost of Goods Sold $6409

Interest 315

Dividends 420

Depreciation 811

Change in Retained Earnings 296

Tax Rate 34%

What is the taxable income given the above information?

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