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Question 1 Mainline Clinic, a for-profit business, had revenues of $12.3 million last vear. Expenses other than depreciation totaled 67 percent of revenues, and depreciation

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Question 1 Mainline Clinic, a for-profit business, had revenues of $12.3 million last vear. Expenses other than depreciation totaled 67 percent of revenues, and depreciation expense was $1.2 million. Ali revenues were collected in cash during the vear, and all expenses other than depreciation were paid in cash. Mainline must pay taxes at a rate of 34 percent of pretax (operating) income. Now, suppose the company changed its depreciation calculation procedures (still within GAAP) such that its depreciation expense was halved. How would this change affect Mainline's profit margin? If profit margin would go down, enter the amount of the change as a negative number. If profit margin would 80 up, enter the amount of the change as a positive number. Enter your answer as a percent, rounded to one decimal place. Omit the "\%" sign. For example, if the answer is 12.34\%, enter as 12.3. If the answer is negative, place a minus sign () before the

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