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A - Rod Fishing Supplies had sales of $ 2 , 8 6 0 , 0 0 0 and cost of goods sold of $

A-Rod Fishing Supplies had sales of $2,860,000 and cost of goods sold of $2,150,000. Selling and administrative expenses represented 8 percent of sales. Depreciation was 6 percent of the total assets of $4,980,000.
What was the firm's operating profit?
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