The following financial information was summarized from the accounting records of Block Corporation for the...
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Accounting
The following financial information was summarized from the accounting records of Block Corporation for the current year ended December 31 Software Division Hardware Division Corporate Total Cost of goods sold $45,796 $30,860 Direct operating expenses $26,355 $21,633 Net sales $96,432 $67,471 Interest expense $2,625 General overhead $18,435 Income tax $4,327 What is the gross profit for the Software Division?
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