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Marin Company, which is subject to a 40% income tax rate, projected its income before taxes for next year as shown here: Sales (224,000

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Marin Company, which is subject to a 40% income tax rate, projected its income before taxes for next year as shown here: Sales (224,000 units) $11,200,000 Cost of sales Variable costs 2,800,000 Fixed costs 4,200,000 Pretax earning $4,200,000

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