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Question - Naylor Company had $155,200 of net income in 2016 when the selling price per unit was $153, the variable costs per unit were $93, and the fixed costs were $572,200. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Naylor Company is under pressure from stockholders to increase net income by $61,400 in 2017.
How find the number of units sold in 2016? Please show work.
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