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#16 What is the gross profit for 2017? #16 Consider the following incomplete income statement: unanswered 2017 Income Statement not_submitted Sales $2,687,900.00 Attempts Remaining: 3

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#16 What is the gross profit for 2017?

#16 Consider the following incomplete income statement: unanswered 2017 Income Statement not_submitted Sales $2,687,900.00 Attempts Remaining: 3 COGS 41.00% of sales Gross Profit Margin 59.00% of sales Selling & Administrative $788,500.00 Depreciation & Amortization $????? Operating Profit Margin 10.00% What is the gross profit for 2017? Submit Answer format: Currency: Round to: 2 decimal places

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