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During August, 2020, Marigold's Supply Store generated net sales of $59200. The company's expenses were as follows: cost of goods sold of $36200 and
During August, 2020, Marigold's Supply Store generated net sales of $59200. The company's expenses were as follows: cost of goods sold of $36200 and operating expenses of $3800. The company also had rent revenue of $1000 and a loss on the sale of a delivery truck of $1800. Marigold's gross profit for August, 2020 is
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