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Question 5 (0.34 points) Calculate the gross profit for Jefferson Company based on the following: Sales $764,000 Selling Expenses 42,500 Cost of Merchandise Sold 538,000

Question 5 (0.34 points) Calculate the gross profit for Jefferson Company based on the following: Sales $764,000 Selling Expenses 42,500 Cost of Merchandise Sold 538,000 1) 8721,500 2) 5495,500 3) $183,500 4) $226,000

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