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The income statements for two different companies in the same industry are as follows: Line Item Description Company A Company B Sales $390,000 $390,000 Less:

The income statements for two different companies in the same industry are as follows: Line Item Description Company A Company B Sales $390,000 $390,000 Less: Variable costs 312,000 247,000 Contribution margin $78,000 $143,000 Less: Fixed costs 56,000 141,000 Operating income $22,000 $2,000 Required: Round your answers to the nearest dollar

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