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Cost of goods sold $444000 Income tax expense 68000 Operating expenses 352000 Sales 1000000 The gross margin would be 44.4%. 55.6%. 13.6%. 20.4%

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Cost of goods sold $444000 Income tax expense 68000 Operating expenses 352000 Sales 1000000 The gross margin would be 44.4%. 55.6%. 13.6%. 20.4%

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