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Ingrid works as a salesperson in an art gallery. The gallery's overall gross profit percentage is 50%. Ingrid wants to use her employee discount to
Ingrid works as a salesperson in an art gallery. The gallery's overall gross profit percentage is 50%. Ingrid wants to use her employee discount to purchase a statue with a retail price of $1,000 which she knows the gallery only paid $200 to purchase. If the gallery sells her the statue for $400, how much income does Ingrid have to report
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