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Consider the following income statement:   Sales $ 985,392          Costs 641,088          Depreciation 145,800        &

Consider the following income statement:
  Sales $ 985,392       
  Costs 641,088       
  Depreciation 145,800       
  Taxes 23 %   
Calculate the EBIT.
    
Calculate the net income.
   
Calculate the OCF.
   
What is the depreciation tax shield?
   
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