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December 31 $000) Stockholder's equity Accrued Expenses Cost of Goods Sold Accumulated Depreciation General & Administrative Expenses 120 Tax Rate Interest expense Sales revenue Depreciation

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December 31 $000) Stockholder's equity Accrued Expenses Cost of Goods Sold Accumulated Depreciation General & Administrative Expenses 120 Tax Rate Interest expense Sales revenue Depreciation expense200 1,000 200 avi 40% 15 2,000 Calculate net income8

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