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Beacon Corporation has provided the following information: Cash sales totaled $242,000. Credit sales totaled $519,200. Cash collections from customers for services yet to be provided
Beacon Corporation has provided the following information: Cash sales totaled $242,000. Credit sales totaled $519,200. Cash collections from customers for services yet to be provided totaled $85,400. An $17,000 gain from the sale of property and equipment occurred. Interest income totaled $15,560. How much of these items was included in income from operations? Multiple Choice $846,600 $776,760 $778,200 $829,060
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