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Ocean City Kite Company manufactures & sells kites for $6.00 each. The variable cost per kite is $3.00 and the breakeven point is 80,000 kites.

Ocean City Kite Company manufactures & sells kites for $6.00 each. The variable cost per kite is $3.00 and the breakeven point is 80,000 kites. Use this information to determine the dollar amount of Ocean City Kite Company's fixed costs. Round to closest whole number (no cents).

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