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eBook Show Me How Gross Profit During the current year, merchandise is sold for $204,900 cash and $460,300 on account. The cost of the goods

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    Gross Profit

    During the current year, merchandise is sold for $204,900 cash and $460,300 on account. The cost of the goods sold is $505,600. What is the amount of the gross profit? $fill in the blank 1

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