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Consider the following income statement: Sales $ 912,400 Costs 593,600 Depreciation 135,000 Taxes 23 % Calculate the EBIT. Calculate the net income. Calculate the OCF.

Consider the following income statement:


Sales	$ 912,400
Costs	593,600
Depreciation	135,000
Taxes	23 %

Calculate the EBIT.

Calculate the net income.

Calculate the OCF.

What is the depreciation tax shield?

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