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Mercury Airs debt consists of $50,000 in accounts payable, $100,000 in 10 percent notes payable and $240,000 in 8 percent bonds. Mercury has no preferred

Mercury Airs debt consists of $50,000 in accounts payable, $100,000 in 10 percent notes payable and $240,000 in 8 percent bonds. Mercury has no preferred stock. If its marginal tax rate is 35 percent, what is Mercurys financial breakeven point?

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