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Consider the following income statement: Sales $ 510,944 Costs 332,416 Depreciation 75,600 Taxes 21 % Calculate the EBIT. Calculate the net income. Calculate the OCF.

Consider the following income statement:

Sales $ 510,944
Costs 332,416
Depreciation 75,600
Taxes 21 %

Calculate the EBIT.

Calculate the net income.

Calculate the OCF.

What is the depreciation tax shield?

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