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ACME corporation produces and sells a single product. Data concerning that product appear below: ...

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Accounting

ACME corporation produces and sells a single product. Data concerning that product appear below:

Description Amount
Total Sales $680,000
Fixed expense per month 82,000
Contribution margin ration 32%

What is the best estimate of the company's net operating income? (Round your intermediate calculations to 2 decimal places)

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