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3) Kelsey Inc. expects its sales in September to be $143,000. The company's contribution margin ratio is 65% and its fixed monthly expenses are $60,000.

3) Kelsey Inc. expects its sales in September to be $143,000. The company's contribution margin ratio is 65% and its fixed monthly expenses are $60,000.

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Estimate the company's net operating income for September, assuming that the fixed monthly expenses do not change

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