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A - Rod Fishing Supplies had sales of $ 2 , 4 6 0 , 0 0 0 and cost of goods sold of $

A-Rod Fishing Supplies had sales of $2,460,000 and cost of goods sold of $1,610,000. Selling and administrative expenses represented 12 percent of sales. Depreciation was 8 percent of the total assets of $4,730,000.
What was the firm's operating profit?
Operating profit
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