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A project is expected to result in the following adjustments over the next year: - Cash sales increase by 400,000. - Expenses (except depreciation) increase

A project is expected to result in the following adjustments over the next year: - Cash sales increase by 400,000. - Expenses (except depreciation) increase by 180,000. - Depreciation increases by 80,000. Assume the corporate tax rate is 34%. The net income during that year are A. 92,400 C. 172,400 B. 140,000 D. 220,000

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