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Jodis Chop Shop is a retail chain specializing in salon-quality hair care products. During the year, Jodi's Chop Shop had sales of $39.400.000. The company

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Jodis Chop Shop is a retail chain specializing in salon-quality hair care products. During the year, Jodi's Chop Shop had sales of $39.400.000. The company began the year with $3.775.000 of merchandise inventory and ended the year with 14,750,000 of inventory. During the year, Joe's Chop Shop purchased $22.545.000 of merchandise inventory. The company's solingeneral and ministrative expenses totaled 55 450 000 for the year. Prepare Joo's Chop Shop's income statement for the year. Begin by calling Jor's Chop Shop's cost of goods sold using the table below Jod's Chop Shop Calculation of Cost of Goods Sold For the Year Ended Now prepare Jod's Chee Shop's income woment for the you Jedi's Chop Shop Income Statement For the Year Ended

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