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Medium Manufacturers, Inc. ( MMI ) has the following items on its Income Statement for last year: Sales of $ 4 5 9 , 5

Medium Manufacturers, Inc. (MMI) has the following items on its Income Statement for last year: Sales of $459,500, Cost of Goods Sold of $325,789, Cash Operating Expenses of $45,795, Depreciation Expense of $33,595, Interest Expense of $8,796, and a Marginal Tax Rate of 25%. What is MMIs Net Operating Income or EBIT? Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box.

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