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9. Master Wood Carvers, Inc. currently has $134,000 of sales and net income of $15,600. The firm is expecting sales growth of 6% next year.

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9. Master Wood Carvers, Inc. currently has $134,000 of sales and net income of $15,600. The firm is expecting sales growth of 6% next year. Costs are a constant percentage of sales. What is the projected net income for next year? (7 Points) $15,600 $16,536 $16,708 $18,860 $23,100

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