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You have developed the following pro forma income statement for your corporation. It represents the most recent year's operations, which ended yesterday. sales 45,672,000 variable cost -22,753,000 revenue before fixed cost 22,919,000 fixed cost -9,181,000 ebit 13,738,000 interest expense -1,443,000 earnings before taxes 12,295,000 taxes 50% -6,147,500 net income 6,147,500

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