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A new project has estimated annual sales 12000 units + or - 3%; variable costs per unit of $11.24, + or - 2%; annual fixed

A new project has estimated annual sales 12000 units + or - 3%; variable costs per unit of $11.24, + or - 2%; annual fixed costs of $38,290; and a sales price of $19.65 per unit, + or - 4%. The annual depreciation is $21,400 and the tax rate is 21%. What are the annual earnings before interest and taxes under the optimistic scenario?

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