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During May, XYZ Company sold 9,000 units and reported the following income statement: Sales ............................ $540,000 Variable costs ................... 216,000 Fixed costs ...................... 117,000 Net

During May, XYZ Company sold 9,000 units and reported the following income statement: Sales ............................ $540,000 Variable costs ................... 216,000 Fixed costs ...................... 117,000 Net income ....................... $207,000 Calculate the margin of safety reported by XYZ Company for May. 

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