A company has net sales and cost of goods sold of $825,000 and $547,000, respectively....

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Accounting

A company has net sales and cost of goods sold of $825,000 and $547,000, respectively. Its net income is $98,500. The company's gross margin and operating expenses are ________ and ___________, respectively.

$209,000; $191,470

$278,000; $179,500

$278,000; $98,500

$179,500; $98,500

$645,500; $179,500

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