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2 Net operating income Loss on sale of equipment Interest expense $17.000 4,000 2,000 Income before taxes Income tax expense Net income $6.000 2.400
2 Net operating income Loss on sale of equipment Interest expense $17.000 4,000 2,000 Income before taxes Income tax expense Net income $6.000 2.400 $3.600 Additional data on activities during 2018 are as follows: Operating Expenses Included depreciation expense in the amount of $5,000. During 2018. Star Company sold used equipment for $3.000 that had a cost of $15,000 with accumulated depreciation of $8.000. . New equipment was purchased for $12,000 cash. Cash dividends totaling $8.00 were paid. What is the amount of cash received from customers? Select one: O a $77.000 b. $80,000 c. $74,000 Od. $79.000 The activities of Orange Company for the year ended, December 31, 2020 included the following hp
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