Newark Company has provided the following information: Revenue, $1,685,000 Selling and administrative expenses, $340,000 Gross...
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Newark Company has provided the following information: Revenue, $1,685,000 Selling and administrative expenses, $340,000 Gross profit, $1,370,000 Net income, $1,030,000 Loss on sale of equipment, $412,000 Tax expense, $14,000 How much is Newark's cost of goods sold
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