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Question 18 Not yet answered Marked out of 1.00 Flag question The accounting records of Marlon's Marvels, a retail store, show the following balances for
Question 18 Not yet answered Marked out of 1.00 Flag question The accounting records of Marlon's Marvels, a retail store, show the following balances for the fiscal year ending June 30, 2020: Store sales revenue Marketing expense Interest expense Loss on sale of investment Other administrative expenses $4,420,000 Salaries expense 124,900 Depreciation expense 20,350 Cost of goods sold 12,000 Rent and utilities expense 108,000 Dividend income $800,000 62,500 2,652,000 110,000 2,000 In a single-step statement, total revenues and gains would total Select one: a. $1,770,000 b. $1,768,000 C. $4,410,000 d. $4,420,000 e. $4,422,000
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