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Gross Profit = $272,600 Additional facts: 1. Inventory on November 30,2025 , is $36,200. 2. Note that Oates Department Store uses a periodic system. Instructions

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Gross Profit = $272,600

Additional facts: 1. Inventory on November 30,2025 , is $36,200. 2. Note that Oates Department Store uses a periodic system. Instructions $272,600 Prepare an income statement through gross profit for the year ended November 30, 2025. Calculate missing amounts and assess profitability

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