Question: Derst Incorporated sells a particular textbook for $35. Variable expenses are $26 per book. At the current volume of 47,000 books sold per year the

Derst Incorporated sells a particular textbook for $35. Variable expenses are $26 per book. At the current volume of 47,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:

$423,000
$1,645,000
$2,068,000
$1,222,000

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