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Calculate (A) net sales, (B) gross profit (C) total operating expenses, and (D) net income. Sales returns $600, rent expense $1,700, sales discounts $1,800, depreciation
Calculate (A) net sales, (B) gross profit (C) total operating expenses, and (D) net income. Sales returns $600, rent expense $1,700, sales discounts $1,800, depreciation expense $490, cost of merchandise sold $7,200, gross sales $19,900, advertising expense $650, salary expense $2,500, heat expense $850
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