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Last year Almazan Software reported $10.500 million of sales, $5.750 million of operating costs other than depreciation, and $1.200 million of depreciation. The company had

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Last year Almazan Software reported $10.500 million of sales, $5.750 million of operating costs other than depreciation, and $1.200 million of depreciation. The company had $5.000 million of bonds that carry a 6.5% interest rate, and its federal-plus-state income tax rate was 25%. This year's data are expected to remain unchartged except for one item, depreciation, which is expected to increase by $0.760 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 4 decimal places.) a. $0.9500 million b. $0.1900 million c. $0.0000 million d. $0.7600 million e. $0.5700 million

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