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Consider the following income statement: Sales $ 529,192 Costs 344,288 Depreciation 78,300 Taxes 22 % Calculate the EBIT. Calculate the net income. Calculate the OCF.

Consider the following income statement:

Sales $ 529,192
Costs 344,288
Depreciation 78,300
Taxes 22 %

Calculate the EBIT.

Calculate the net income.

Calculate the OCF.

What is the depreciation tax shield?

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