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Hudson Company reports in its 2017 10-K, sales of $332 million, long-term debt of $27 million, and interest expense of $980,000. If sales are projected

Hudson Company reports in its 2017 10-K, sales of $332 million, long-term debt of $27 million, and interest expense of $980,000. If sales are projected to increase by 4% next year, projected interest expense for 2018 will be:

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