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Pete Ross read in a Wall Street Journal article that the cost of parts and labor to make an Apple iPhone 4S were as follows:

Pete Ross read in a Wall Street Journal article that the cost of parts and labor to make an Apple iPhone 4S were as follows: Display $ 37.00 Wireless $ 23.54 Memory $ 28.30 Camera $ 17.60 Labor $ 8.00 Additional items $ 81.56 Assuming Pete pays $649 for an iPhone 4S, how much profit does the iPhone generate

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