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Crane Company accepted a national credit card for a $2800 purchase. The cost of the...

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Accounting

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Crane Company accepted a national credit card for a $2800 purchase. The cost of the goods sold is $2200. The credit card company charges a 3% fee. What is the impact of this transaction on net operating income? Increase by $2716 Increase by $516 Increase by $600 Increase by $582

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