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A company reports the following information for June:Sales revenueOperating expensesDeferred revenues$ 1 0 4 , 0 0 0 Income tax expense 2 2 , 0

A company reports the following information for June:Sales revenueOperating expensesDeferred revenues$

104, 000

Income tax expense

22, 000

Cost of goods sold

15, 000

Nonoperating revenuesWhat is the company's gross profit for June?$

11, 00065, 00012, 000

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