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Sunland...

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Accounting

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Sunland Corp's sales slumped badly in 2020. For the first time in its history it operated at a loss. The company's income statement showed the following results from selling 575,500 units of product: sales $2,877,500, total costs and expenses $2.973,625, and net loss $96,125. Costs and expenses consisted of the amounts shown below. Sunland Corp's sales slumped badly in 2020. For the first time in its history it operated at a loss. The company's income statement showed the following results from selling 575,500 units of product: sales $2,877,500, total costs and expenses $2.973,625, and net loss $96,125. Costs and expenses consisted of the amounts shown below

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