Calculate net income from the following table. Inventories $50,000 Cost of Goods Sold $250,000 Administrative...
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Calculate net income from the following table. Inventories $50,000 Cost of Goods Sold $250,000 Administrative Expenses $50,000 Accumulated Depreciation $150,000 Sales $600,000 Depreciation Expense $25,000 Selling Expenses $150,000 Common Stock Dividends $8,000 Interest Expense $8,000 4098 Corporate Tax Rate 117.000 70.200 78,000 62,200
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