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Determining Amounts for Items Omitted from Income Statement An item has been omitted in each...

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Accounting

Determining Amounts for Items Omitted from Income Statement An item has been omitted in each of the following four lists of income statement data. Determine the missing amount. Sales $421,900 $ $1,168,000 $ Cost of merchandise sold $ $414,200 $ $415,500 Gross profit $85,100 $260,500 $422,900 $298,100

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