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Presented below is information related to Tamarisk Corporation at December 31, 2025, the end of its first year of operations. Sales revenue Cost of
Presented below is information related to Tamarisk Corporation at December 31, 2025, the end of its first year of operations. Sales revenue Cost of goods sold $536,000 360,000 Interest expense 31,600 Selling and administrative expenses 110,800 Dividends declared and paid 11,000 Loss on sale of investments 4,500 Unrealized gain on available-for-sale financial assets 17,000 Gain on discontinued operations 19,200 Compute the following: Ignore tax effects.
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