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B . Calculate operating income administrative expenses $ 7 , 0 0 0 , 0 0 0 cash $ 2 8 , 0 0 0

B. Calculate operating income
administrative expenses $7,000,000
cash $28,000,000
sales revenue $32,000,000
selling expenses $4,000,000
merchandise inventory $12,000,000
equipment $55,000,000
accounts receivable $18,000,000
cost of goods sold $18,000,000

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