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ABC Company sells its inventory to customers for $50 per unit. During May, ABC Company had total fixed costs of $200,000 and needed to sell
ABC Company sells its inventory to customers for $50 per unit. During May, ABC Company had total fixed costs of $200,000 and needed to sell 10,000 units in order to break-even. ABC Company's actual sales in May amounted to 26,240 units. Calculate ABC Company's net income for May.
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