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Bonita Industries had the following information at December 31: Finished goods inventory, January 1 Finished goods inventory. December 31 $90000 26000 If the cost

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Bonita Industries had the following information at December 31: Finished goods inventory, January 1 Finished goods inventory. December 31 $90000 26000 If the cost of goods manufactured during the year amounted to $1895000 and annual sales were $2994000, how much is the amount of gross profit for the year? O $1035000 O $1959000 O $1009000 $1098000

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