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Financial information for two companies are presented below. (a) Fill in the missing amounts. Sheridan Company Crane Company $85,000 $ Sales revenue 3,000 Sales returns

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Financial information for two companies are presented below. (a) Fill in the missing amounts. Sheridan Company Crane Company $85,000 $ Sales revenue 3,000 Sales returns and allowances Net sales 79,000 129,000 Cost of goods sold 46,600 65,790 Gross profit 22,800 Operating expenses 20,640 Net income

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