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Snapshot Corporation sells picture frames for $32 each. This year they sold 56,000 of these frames and earned profits of $160,000 before taxes. The variable

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Snapshot Corporation sells picture frames for $32 each. This year they sold 56,000 of these frames and earned profits of $160,000 before taxes. The variable costs associated with each frame are $24. The corporate tax rate is 25%. Based on this information, annual fixed costs associated with their picture frame are (round final answers to zero decimal places Multiple Choice 0 $213,333 $448.000 $288,000 $234,667 $1792.000

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