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You're a used car dealer. On January 1st, you bought 10 used cars for $5,000 each. You sold 6 of them in January and 4
You're a used car dealer. On January 1st, you bought 10 used cars for $5,000 each. You sold 6 of them in January and 4 in February for $7,000 each. You spend $8,000 a month on rent and sales staff salaries.
Question: What are your costs for January and February?
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