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Consider the following income statement: Sales $ 839,408 Costs 546,112 Depreciation 124,200 Taxes 22 % Calculate the EBIT. Calculate the net income. Calculate the OCF.

Consider the following income statement: Sales $ 839,408 Costs 546,112 Depreciation 124,200 Taxes 22 % Calculate the EBIT.

Calculate the net income.

Calculate the OCF.

What is the depreciation tax shield?

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