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12. Financial information is presented below: Operating expenses $ 90,000 Net sales 180,000 Interest revenue 4,500 Interest expense 2,000 Income tax expense 3,000 Cost of
12. Financial information is presented below: Operating expenses $ 90,000 Net sales 180,000 Interest revenue 4,500 Interest expense 2,000 Income tax expense 3,000 Cost of goods sold 68,000 The amount of income from operations on the multi-step income statement would be
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