ABC Ltd. is a retail company that operates 100 stores across the country. The company is considering opening 10 more stores in the next year. The company's current operating income is $500,000 and its current operating expenses are $400,000, resulting in an operating profit of $100,000. The company is anticipating that the new stores will increase its operating expenses by $150,000 and increase its operating income by $200,000.

What will be the company's new operating profit if it opens 10 more stores in the next year? Show all calculations and explain your reasoning.

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