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Assume that revenue is $42,000, cost of goods sold is $18,000, other expenses (from selling and administration) are $6,000, and depreciation is $1,000. What is

Assume that revenue is $42,000, cost of goods sold is $18,000, other expenses (from selling and administration) are $6,000, and depreciation is $1,000. What is the EBIT? Group of answer choices

$15,000

$17,000

$18,000

$16,000

$19,000

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