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Brief Exercise 5-1 Presented here are the components in Blossom Company's income statement. Determine the missing amounts. Operating Expenses Sales Revenue Cost of Goods Sold
Brief Exercise 5-1 Presented here are the components in Blossom Company's income statement. Determine the missing amounts. Operating Expenses Sales Revenue Cost of Goods Sold Gross Profit Net Income $75,960 (b) $34,700 (d) $13,790 Year 1 (c) (e) $112,800 $72,300 $31,050 Year 2 $115,310 (a) $76,890 $46,880 (f) Year 3
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