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You are the owner of a family diner in Colorado. You have made the goal to make $150,000 a year in profit. You have the

You are the owner of a family diner in Colorado. You have made the goal to make $150,000 a year in profit. You have the following costs:

  • Fixed costs of $2,800 a month
  • 34% variable costs

The tax rate is 8%

(1) What is the net profit before tax?

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