Lifeline, Inc., has sales of $593,000, costs of $265,000, depreciation expense of $67,000, interest expense of $34,000, and a tax rate of 35 percent. Required: What is the net income for this firm? (Do not include the dollar sign ($).) Net income $

Lifeline, Inc., has sales of $593,000, costs of $265,000, depreciation expense of $67,000, interest expense of $34,000, and a tax rate of 35 percent.

Required:

What is the net income for this firm? (Do not include the dollar sign ($).)

Net income

$