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Refer to the following given information. The cost of inventory sold to customer $ $ 220,000 Advertising expenses $ 25,000 Administrative salary expenses $ $

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Refer to the following given information. The cost of inventory sold to customer $ $ 220,000 Advertising expenses $ 25,000 Administrative salary expenses $ $ 80,000 Issued common stock $ 75,000 Interest income $ 10,000 Insurance expense $ 4,000 Research and development costs $ 22.000 Dividends paid $ 15,000 Tax expense $ 35% Rent expense $ 12.000 Loss from closing a shop $ 8,000 Accrued expenses $ 11,000 Sales price of goods provided to customers $ 450,000 Loss on the sale of a building $ 26.000 Gain that is both unusual and infrequent $ 90,000 What is the gross profit? How much is the operating expense? How much is the operating income? How much is the tax expense? How much is the net income

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