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Operating data for Carla Vista Land Corporation are presented below

Question 4 of 5 Attempt 'n progress Your answer is partially correct. Operating data for Carla Vista Land Corporation are presented below: Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income December 31, 2021 $845,000 488.410 126.750 89,570 33,800 106,470 December 31, 2020 $645,000 398.610 87.720 63.210 34,830 60.630