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Derst Incorporated sells a particular textbook for $ 1 4 0 . Variable expenses are $ 2 5 per book. At the current volume of

Derst Incorporated sells a particular textbook for $140. Variable expenses are $25 per book. At the current volume of 6,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:

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