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In 2019, total revenue for X Company was $1,575,600. Total costs were as follows: Direct materials...

In 2019, total revenue for X Company was $1,575,600. Total costs were as follows:

Direct materials $228,800  
Direct labor [all variable] 301,600
Variable overhead 234,000
Fixed overhead 150,500
Variable selling and administration 208,000
Fixed selling and administration 191,500

If total revenue in 2020 is expected to be $1,465,308, what are expected profits in 2020?

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