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Posted on Oct 22, 2024

During the current year, merchandise is sold for $ 2 3 7 , 5 0 0 cash and $ 6 2 5 , 0 0

During the current year, merchandise is sold for $

237, 500

cash and $

625, 000

on account. The cost of the goods sold is $

422, 300 .

What is the amount of the gross profit?

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