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A firm expects to sell 2 4 , 8 0 0 units of its product at $ 1 0 . 8 0 per unit and

A firm expects to sell 24,800 units of its product at $10.80 per unit and to incur variable costs per unit of $5.80. Total fixed costs are $68,000. The firm's net income is:
Multiple Choice
$211,840.
$68,000.
$56,000.
$124,000.
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