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Calculate operating income in 2021 using the following balances for an industrial company (not a...

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Accounting

Calculate operating income in 2021 using the following balances for an industrial company (not a financial institution).

2021
Tax Expense 80
Accumulated Depreciation 150
Sales 850
Unearned Revenue 40
Investment Income 20
Selling and Administrative Expense 120
Prepaid Insurance Expense 80
Gross Profit 400
Other Operating Expense 15
Dividends 4

Total operating income is:

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