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Grixdale Tax Services prepares taxes for individuals. Grixdale offers a simplified pricing model with two alternatives for taxpayers: Standard Deduction (Standard) or Itemized Deductions (itemized). Price and variable costs for the two services are listed below. The annual fixed costs at Grixdale are $490,000. Based on experience, the owner estimates that Sthidard Deduction returns represent 25 percent of the the firm's business. Required: How many Standard Deduction and itemized Deduction returns must be filed annually to break even
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