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Calculating the OCF. Consider the following income statement: Sales: $558,400 Costs: 346,800 Depreciation: 94,500 EBIT: ? Taxes (35%): ? Net Income: ? Fill in the

Calculating the OCF. Consider the following income statement:

Sales: $558,400

Costs: 346,800

Depreciation: 94,500

EBIT: ?

Taxes (35%): ?

Net Income: ?

Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield?

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