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Assignment #5 Sawdust City is a custom wood sign design company that sells their signs directly to the customer. During 2022, Sawdust City reported the

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Assignment \#5 Sawdust City is a custom wood sign design company that sells their signs directly to the customer. During 2022, Sawdust City reported the following: Total revenue from sales: $127,000 Total operating expenses: $25,000 They determined Cost of Goods Sold to be 25% of their gross revenue. Using the Income Statement format, calculate Sawdust City's net income for 2022

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