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Lexington's sales for 2019 totaled $10,511,920 million and variable costs were 32% of sales. The firm had a net income of $4,696,803 million and no
Lexington's sales for 2019 totaled $10,511,920 million and variable costs were 32% of sales. The firm had a net income of $4,696,803 million and no interest expense. What is the firms fixed costs for 2019? Assume a tax rate of 21%. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND OFF THE FINAL ANSWER TO THE NEAREST WHOLE NUMBER. FOR EXAMPLE IF YOUR ANSWER IS 1,000,000.98 THEN ENTER YOUR ANSWER AS 1000001 ONLY. DO NOT ENTER ANY SYMBOLS
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