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Chapter 4 question 1I'm confused by this The following is a partial year-end adjusted trial balance. Account Title Debits Credits Sales revenue $470, 000 Loss

Chapter 4 question 1I'm confused by this

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The following is a partial year-end adjusted trial balance. Account Title Debits Credits Sales revenue $470, 000 Loss on sale of investments $ 56, 000 Interest revenue 7,080 points Cost of goods sold 245, 000 General and administrative expense 57,000 Restructuring costs 58,500 Selling expense 33, 500 eBook Income tax expense Print Income tax expense has not yet been recorded. The income tax rate is 25%. a. Determine the operating Income (loss). b. Determine the income (loss) before income taxes. c. Determine the net income (loss). a. Operating income (loss) b Income (loss) before income taxes C. Net income (loss) Mc Graw Hill

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