Griffin's Goat Farm, Inc., has sales of $665,000, costs of $327,000, depreciation expense of $71,000, interest...

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Griffin's Goat Farm, Inc., has sales of $665,000, costs of $327,000, depreciation expense of $71,000, interest...

Griffin's Goat Farm, Inc., has sales of $665,000, costs of $327,000, depreciation expense of $71,000, interest expense of $45,500, and a tax rate of 23 percent. What is the net income for this firm? (Do not round intermediate calculations.)

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