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Last year, Cayman Corporation had sales of $26 million total variable costs of $13 million, and total fixed costs of 55.000.000. In addition, they paid

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Last year, Cayman Corporation had sales of $26 million total variable costs of $13 million, and total fixed costs of 55.000.000. In addition, they paid $1 million in interest to bondholders Cayman has a marginal tax rate of 21 percent of Cayman's sales increase by 15% wiat should be the increase in operating income! SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN ROUND TO 2 DECIMAL PLACES AT THE END DO NOT ENTER THE X SIGN. FOR EXAMPLE, IF YOUR ANSWER IS 127125. ENTER IT AS 12.71

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