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4. A retail tenant in The Mall at Short Hills pays $60/sf plus overage to rent 1250 square feet of space. If they earn $1,200,000

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4. A retail tenant in The Mall at Short Hills pays $60/sf plus overage to rent 1250 square feet of space. If they earn $1,200,000 in total sales for the year and pay a percentage rent equal to 5% of chargeable sales as determined by their natural break point, what is the total amount of rent paid

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