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Shawn is a managing partner in a local business.Part of his profit allocation is a bonus based on the store's operating income.The bonus is 8
Shawn is a managing partner in a local business.Part of his profit allocation is a bonus based on the store's operating income.The bonus is 8 percent of operating income in excess of P200,000 after deducting the bonus.If operating income for the year is P250,000, what is Shawn's bonus (rounded to the nearest dollar)?
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