Question: Q 2 ABC business had $ 3 5 0 , 0 0 0 total sales in 2 0 1 9 and 3 5 % CM

Q2ABC business had $350,000 total sales in 2019 and 35% CM ratio. If its sales is to be increased by $80,000 in 2020, please calculate how much will increase in its net income in 2020.

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