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Portions of the financial statements for Alliance Technologies are provided below. ALLIANCE TECHNOLOGIES Income Statement For the year ended December 31, 2018 $ 299,000 Net

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Portions of the financial statements for Alliance Technologies are provided below. ALLIANCE TECHNOLOGIES Income Statement For the year ended December 31, 2018 $ 299,000 Net sales Expenses: $179,000 54,000 15,400 19,000 Cost of goods sold Depreciation expense Income tax expense Total expenses 267,400 Net income $ 31,600

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