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Consider the following income statement: Sales $ 802,912 Costs 522,368 Depreciation 118,800 Taxes 24% Calculate the EBIT. Calculate the net income. Calculate the OCF. What

Consider the following income statement: Sales $ 802,912 Costs 522,368 Depreciation 118,800 Taxes 24% Calculate the EBIT. Calculate the net income. Calculate the OCF. What is the depreciation tax shield?

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