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Part $1$

HamiltonHamilton

Company sold

$18$ comma $00018,000$

jars of its organic honey in the most current year for

$ $10$$$10$

per jar. The company had paid

$ $4\mathrm{.}50$$$4\mathrm{.}50$

per jar of honey.$($Assume that sales returns are$$ nonexistent.$)$ Calculate the$$ following:

Sales revenue

Cost of goods sold

Gross profit

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Part $1$

$1.$ Calculate the sales revenue.

Sales revenue $=$

$$

Part $2$

$2.$ Calculate the cost of goods sold.

Cost of goods sold $=$

$$

Part $3$

$3.$ Calculate the gross profit.

Gross profit $=$

$$