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6) Identify the order in which you would prepare the following components of the operating budget. Arrange the following steps in order by entering 1,

6) Identify the order in which you would prepare the following components of the operating budget. Arrange the following steps in order by entering 1, 2, 3, or 4 on the line in front of each item to indicate its order. _____ inventory, purchases, and cost of goods sold budget _____ sales budget _____ operating expense budget _____ budgeted income statement

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