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9. The Sterling Tire Company's income statement for 20XX is as follows : STERLING TIRE COMPANY Income Statement Year Ended December 31, 20XX Sales (20,000

9. The Sterling Tire Company's income statement for 20XX is as follows : STERLING TIRE COMPANY Income Statement Year Ended December 31, 20XX Sales (20,000 tires at $60 each)....... $1,200,000 Less: Va...

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