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The magnitude of operating leverage for Forbes Corporation is 2.3 when sales are $150,000 and net income is $19,000. If sales increase by 5%, what

The magnitude of operating leverage for Forbes Corporation is 2.3 when sales are $150,000 and net income is $19,000. If sales increase by 5%, what is net income expected to be?

$18,950

$19,950

$23,000

$21,185

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