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Consider the following income statement: Sales $ 711,672 Costs 463,008 Depreciation 105,300 Taxes 23 % Calculate the EBIT. Calculate the net income. Calculate the OCF.

Consider the following income statement:

Sales $ 711,672
Costs 463,008
Depreciation 105,300
Taxes 23 %

Calculate the EBIT.

Calculate the net income.

Calculate the OCF.

What is the depreciation tax shield?

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