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Question: Company X ' s Income Statement for the year ended December 3 1 , 2 0 2 3 , shows the following figures: Revenue:

Question:
Company X's Income Statement for the year ended December 31,2023, shows the following figures:
Revenue: $500,000
Cost of Goods Sold (COGS): $300,000
Operating Expenses: $100,000
Interest Expense: $10,000
Income Tax Expense: $15,000
Calculate the following:
Gross Profit
Operating Income
Net Income

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