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The sales manager is convinced that a 1 0 % reduction in the selling price, combined with a $ 7 6 , 0 0 0

The sales manager is convinced that a 10% reduction in the selling price, combined with a $76,000 increase in advertising, would increase this year's unit sales by 25%. If the sales manager is right, what would be this year's net operating income if his ideas are implemented? (Do not round intermediate calculations.)

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