Question: Canyon Buff Enterprise (CBE) has a project where the NPV is break-even if the unlevered net income is $80,000. If the marginal tax rate is

Canyon Buff Enterprise (CBE) has a project where the NPV is break-even if the unlevered net income is $80,000. If the marginal tax rate is 23%, depreciation expense is $120,000, and fixed costs are $120,000, what is the gross profit? Assume there is no interest expense.

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