Calculating projected net income

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Calculating Projected Net Income. A proposed new investment has projected sales of $829,000. Variable costs are 53 percent of sales, and fixed costs are $187,230; depreciation is $93,000. Assume a tax rate of 30 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

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Reference no: EM131337318

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