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1. Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $264,000; costs = $170,000; other expenses = $7,900; depreciation expense

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Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $264,000; costs = $170,000; other expenses = $7,900; depreciation expense = $14,500; interest expense = $13,300; taxes = $20,405; dividends = $10,000. In addition, you

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