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Posted on Oct 23, 2024

During the current year, merchandise is sold for $ 1 2 1 , 2 0 0 cash and $ 4 8 0 , 7 0

During the current year, merchandise is sold for $

121, 200

cash and $

480, 700

on account. The cost of the goods sold is $

385, 200 .

What is the amount of the gross profit?

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