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The Willy Bunker School of Karate has annual fixed operating costs of $24,000. Each student pays $200 in fees; $40 of this amount covers the

The Willy Bunker School of Karate has annual fixed operating costs of $24,000. Each student pays $200 in fees; $40 of this amount covers the per student cost of instructional hand-outs and supplies. Calculate the yearly income of the school.

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