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Income before taxes is $3,425,000. Net sales are $6,500,000, cost of goods sold is $1,800,000, and the loss on sale of investments is $600,000. What

Income before taxes is $3,425,000. Net sales are $6,500,000, cost of goods sold is $1,800,000, and the loss on sale of investments is $600,000. What are selling and administrative expenses? $1,025,000 $4,025,000. $675,000. $4,700,000

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