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Last year Almazan Software reported $ 1 0 . 5 0 million of sales, $ 6 . 2 5 million of operating costs other than
Last year Almazan Software reported $ million of sales, $ million of operating costs other than depreciation, and $ million of depreciation. The company had $ million of bonds that carry a interest rate, and its federalplusstate income tax rate was This year's data are expected to remain unchanged except for one item, depreciation, which is expected to increase by $ million. By how much will net income change as a result of the change in depreciation? The company uses the same depreciation calculations for tax and stockholder reporting purposes. Round your final answer to decimal places.
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