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QUESTION
Simplex Healthcare had net income of $5,411,623 after paying taxes at 34 percent. The firm had revenues of $20,433,770. Their interest expense for the year was $1,122,376, while depreciation expense w
Simplex Healthcare had net income of $5,411,623 after paying taxes at 34 percent.
The firm had revenues of $20,433,770. Their interest expense for the year was
$1,122,376, while depreciation expense was $2,079,112. What was the firm's operating
expenses excluding depreciation?
