Portions of the financial statements for Peach Computer are provided below.

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$\backslash$table$[[\backslash$table$[[$PEACH COMPUTER$],[$Income Statement$]]],[$Net sales,,$975,000],[$Expenses:$,,],[$Cost of goods sold,$$1,120,000,],[$Operating expenses,$630,000,],[$Depreciation expense,$57,000,],[$Income tax expense,$47,000,],[$Total expenses,,,$854,000$