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Calculating OCF [LO1] Consider the following income statement: Sales $713,500 Costs497,300 Depreciation87,400 EBIT? Taxes (34%)? Net Income? What is the depreciation tax Shield?

Calculating OCF [LO1] Consider the following income statement:

Sales $713,500

Costs497,300

Depreciation87,400

EBIT?

Taxes (34%)?

Net Income?

What is the depreciation tax Shield?

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