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50. Based on the following data, the amount of operating income reported on a multi-step income statement would be: Sales $45,000 Sales Returns 5,000 Cost
50. Based on the following data, the amount of operating income reported on a multi-step income statement would be: Sales $45,000 Sales Returns 5,000 Cost of Goods Sold 24,000 Selling Expenses 12,000 Interest Expense 200 a) $3,800 b) $4,000 c) $16,000 d) $21,000
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