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Edmonds Industries is forecasting the following income statement: The CEO would like to see higher sales and a forecasted net income of 53,360,000. Assume that

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Edmonds Industries is forecasting the following income statement: The CEO would like to see higher sales and a forecasted net income of 53,360,000. Assume that operating costs (exduding depreciation and amortization) are 55% of sales depreciation and amortization and interest experses will increase by 6%. The tax rate, which is 25%, will remain the same. (Note that while the tax rate remains canstant, t paid wil change.) What level of sales would generate $3,360,000 in net income? Round your anwwer to the nearest dollah if necessary

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