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During the year, cost of goods sold was $53,000; income from operations was $51,000; income tax expense was $9,300; interest expense was $7,300; and selling,

During the year, cost of goods sold was $53,000; income from operations was $51,000; income tax expense was $9,300; interest expense was $7,300; and selling, general, and administrative expenses were $35,000.

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