What is projected net income

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Reference no: EM131501370

A proposed new investment has projected sales of $840,000. Variable costs are 55 percent of sales, and fixed costs are $187,800; depreciation is $98,500. Assume a tax rate of 35 percent.

What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Reference no: EM131501370

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