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Consider the following income statement: Sales $ 729,920 Costs 474,880 Depreciation 108,000 Taxes 22 % Calculate the EBIT.? Calculate the net income.? Calculate the OCF.?

Consider the following income statement:

Sales	$ 729,920
Costs	474,880
Depreciation	108,000
Taxes	22 %

Calculate the EBIT.?

Calculate the net income.?

Calculate the OCF.?

What is the depreciation tax shield?

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