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4 . Consider the following income statement: Sales: $ 7 0 4 , 6 0 0 Costs: $ 5 2 7 , 3 0 0

4. Consider the following income statement:
Sales: $704,600
Costs: $527,300
Depreciation: $82,100
EBIT: ?
Taxes (22%): ?
Net income: ?
Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield?

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