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For Carla Vista Co., the following information is available: Cost of goods sold $394000 Dividend revenue 14500 Income tax expense 36800 Operating expenses 137500 Sales
For Carla Vista Co., the following information is available: Cost of goods sold $394000 Dividend revenue 14500 Income tax expense 36800 Operating expenses 137500 Sales revenue 583000 In Carla Vistas multiple-step income statement, gross profit should be reported at $29200. should be reported at $203500. should not be reported. should be reported at $189000.
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