Cusic music company is considering the sale of a new sound board used in recording studios. the new board would sell for $26,400, and the company expects to sell 1,500 per year. the company currently sells 1,850 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,520 units per year. the old board retails for $24,900. variable costs are 55 percent of sales, depreciation on the equipment to produce the new board will be $1.875 million per year, and fixed costs are $2.9 million per year. if the tax rate is 22 percent, what is the annual ocf for the project? (do not round intermediate calculations and round your answer to the nearest whole dollar amount. enter your answer in dollars, not millions of dollars, e. g., 1,234,567.)

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.