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Lantz Company has provided the following information: Cash sales totaled $ 2 5 5 , 0 0 0 . Credit sales totaled $ 4 7
Lantz Company has provided the following information:
Cash sales totaled $
Credit sales totaled $
Cash collections from customers for services yet to be provided totaled
$
A $ loss from the sale of property and equipment occurred.
Interest income was $
Interest expense was $
Cost of goods sold was
$
Rent expense was $
Salaries expense was $
Other operating expenses totaled $
Unearned revenue was $
How much was Lantz's operating income?
A $
B $
C $
D $
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