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Here are incomplete financial statements for Ivanhoe, Inc. Calculate the missing amounts. Income Statement Revenues Cost of goods sold Salaries and wages expense Net income

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Here are incomplete financial statements for Ivanhoe, Inc. Calculate the missing amounts. Income Statement Revenues Cost of goods sold Salaries and wages expense Net income / (loss) $86,000 (c) (d) Retained Earnings Statement Beginning retained earnings Add: Net income/(loss) Less: Dividends Ending retained earnings $17,500 (e) $32.500

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