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Current year sales are $ 7 5 0 , 0 0 0 , cost of goods sold is $ 4 0 0 , 0 0

Current year sales are $750,000, cost of goods sold is $400,000, and all other expenses total $300,000. If sales are forecasted to increase 10% next year, and all expenses vary proportionally with sales, what is forecasted gross profit next year?
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