Question: Problem 9.3 Calculating Projected Net income [LO 2] A proposed new investment has projected sdes of $725,000 Varbble costs are 41 percent of ciles, and

Problem 9.3 Calculating Projected Net income [LO 2] A proposed new investment has projected sdes of $725,000 Varbble costs are 41 percent of ciles, and fixed costs are $222000 cepreciation is 5101000 Assume a tax rate of 23 peicent. What is the projected net income? Note: Do not round intermeditle calculations and round your answer to the neareat whole number, 9.9 .32

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