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Boufflant Inc has the following balances at the end of the year Cost of Goods Sold 3 7 0 , 0 0 0 Gain from

Boufflant Inc has the following balances at the end of the year Cost of Goods Sold 370,000 Gain from Disposal or discontinued operatioms (pre tax)103,000 Salaries Expense 132,000 R&D expense 75,000 Depreciation Expense 56,000 Interest Expense 4,200. The company prepares multi step income statements and has a 40% tax rate. Compute the following income statement totals. Round answers to nearest dollar. A. Gross Profit B. Operating income before tax C. Net Income

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