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TopCleaners Inc. has sales of $ 1 3 , 5 0 0 , cost of goods sold of $ 4 , 0 0 0 ,

TopCleaners Inc. has sales of $13,500, cost of goods sold of $4,000, selling (e.g., marketing) expenses of $3,500, depreciation of $2,000, interest expense of $2,000, and a tax rate of 34%. What is the operating income (EBIT) for this company?

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