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Bolton Industries has provided the following information: Operating expenses were $690,000; Income from operations was $830,000; Net sales were $2,200,000; Interest expense was $142,000; Loss
Bolton Industries has provided the following information:
Operating expenses were $690,000;
Income from operations was $830,000;
Net sales were $2,200,000;
Interest expense was $142,000;
Loss from sale of investments was $174,000;
Income tax expense was $116,000.
What was Bolton's gross profit?
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