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The employees of Royal Clothes achieved all of the sales goals for 2017. Royal decides to reward the employees with a bonus of 16% on

The employees of Royal Clothes achieved all of the sales goals for 2017. Royal decides to reward the employees with a bonus of 16% on annual net income, after deducting the bonus. The net income before the calculation of the bonus is $308,000. What is the amount of the bonus? (Round your final answer to the nearest dollar.)

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