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Derst Incorporated sells a particular textbook for $ 3 0 . Variable expenses are $ 2 3 per book. At the current volume of 5

Derst Incorporated sells a particular textbook for $30. Variable expenses are $23 per book. At the current volume of 55,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:
Multiple Choice
$1,265,000
$385,000
$2,035,000
$1,650,000
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