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During the current year, merchandise is sold for $61,200 cash and for $82,800 on account. The cost of the goods sold is $93,600. What is

During the current year, merchandise is sold for $61,200 cash and for $82,800 on account. The cost of the goods sold is $93,600. What is the amount of the gross profit? LA
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During the current year, merchandise is sold for $61,200 cash and for $82,800 on account. The cost of the goods sold is $93,600. What is the amount of the gross profit

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