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An analysis of the transactions of Rutherford Company for the year ended December 31 , yields the following information: sales revenue, $134,100; insurance expense, $4,300;
An analysis of the transactions of Rutherford Company for the year ended December 31 , yields the following information: sales revenue, $134,100; insurance expense, $4,300; interest income, $13,800; cost of goods sold, $51,300; salaries expense, $22,500; income taxes expense, $2,400; and loss on disposal of property, plant, and equipment, $1,200
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