Question: Tiny's Cabinets sells cabinets for $500 each. Variable cost is $300 each. Annual fixed costs are $20,000. If Tiny sells 120 cabinets, what is his

Tiny's Cabinets sells cabinets for $500 each.

Variable cost is $300 each.

Annual fixed costs are $20,000.

If Tiny sells 120 cabinets, what is his operating income (O I)?

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