Squat XFit Inc. reported the following activities during 2020. Capital expenditures 67.3
Cost of goods sold 34.5
Cash purchases of inventory 24.6
Dividends 5.0
Income tax rate 25%
Interest expense 45.6
Net revenues 158.5
Other operating expenses 16.5
Purchases of intangible assets 45.0
Gain on sale of land 5.0
Selling, general, & administrative 14.9
Write-down of PP&E 7.0
Interest income 4.0
Depreciation expense 14.0
Amortization expense 9.0
Write down of inventory 5.0
Stock based compensation
expense 12.0
Paydown of short term debt 4.0
Calculate net income for the year ending 12/31/2020.
A. $3.00 million.
B. $3.75 million.
C. $6.75 million.
D. $15.75 million.

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.