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Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. TIGER ENTERPRISES Income Statement For the Year Ended December 31,

Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $ 7,300 Operating expenses: Cost of goods sold $ 3,410 Depreciation expense 290 Insurance expense 150 General and administrative expense 1,850 Total operating expenses 5,700

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