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Knebworth Inc. reports in its 2023 annual report, sales of $299 million, long-term debt of $24 million, and interest expense of $882,000. If sales are

Knebworth Inc. reports in its 2023 annual report, sales of $299 million, long-term debt of $24 million, and interest expense of $882,000. If sales are projected to increase by 4% next year (2024), projected interest expense for 2024 will be _____

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