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Your Company sells exercise bikes for $675 each. The following cost formula relates to last year's operations: Y = $147,500+ $157X. Your Company sold 575

Your Company sells exercise bikes for $675 each. The following cost formula relates to last year's operations: Y = $147,500+ $157X. Your Company sold 575 bikes last year, what was its net income last year? $150,350 $297,850 O $388,125 O $90,275 O $120,350

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