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Consider the following income statement: Sales $930,648 Costs 605,472 Depreciation 137,700 Taxes 21% Calculate the EBIT. Calculate the net income. Calculate the OCF. What is

Consider the following income statement:

Sales $930,648

Costs 605,472

Depreciation 137,700

Taxes 21%

Calculate the EBIT.

Calculate the net income.

Calculate the OCF.

What is the depreciation tax shield?

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