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Gather information: Review the financial data provided for John Williams, include $250,000 in sales and $110,000 in expenses. Please note the purchase of office furniture,

Gather information: Review the financial data provided for John Williams, include $250,000 in sales and $110,000 in expenses. Please note the purchase of office furniture, a 7-year property, costing $12,500, placed in service on 7/1/2021

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