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Tutor, Inc. (TI) provides instructional services to its customers. TI charges $390 per student. The Company expects to serve 1,450 students during the coming year.

Tutor, Inc. (TI) provides instructional services to its customers. TI charges $390 per student. The Company expects to serve 1,450 students during the coming year. All of the Company's expenses are fixed. Total annual fixed cost are projected to be $155,000. If the estimated number of students increase by 20%, net income will increase by

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