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Tutor, Incorporated (TI) provides instructional services to its customers. TI charges $240 per student. The...

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Accounting

Tutor, Incorporated (TI) provides instructional services to its customers. TI charges $240 per student. The Company expects to serve 700 students during the coming year. All of the Company's expenses are fixed. Total annual fixed costs are projected to be $80,000. If the estimated number of students increase by 10%, net income will increase by:

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