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Based on the following information to construct an income statement, what is the costs of goods sold amount? Please type your answer in the box
Based on the following information to construct an income statement, what is the costs of goods sold amount? Please type your answer in the box below. Sales = $1,230,000; General and administrative expense = $134,000; Selling and marketing expense $159,000; Depreciation=$25,000; Interest expense = $141,000; Income tax rate = 25%, and net income is $65,250
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