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Coronado Industries had the following information at December 31 : If the cost of goods manufactured during the year amounted to $1895000 and annual sales

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Coronado Industries had the following information at December 31 : 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? 51099000 $1969000 $1025000 $999000

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