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Required information Skip to question [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted

Required information Skip to question [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Advertising expense $ 68,000 Depreciation expenseOffice equipment 47,000 Depreciation expenseSelling equipment 48,000 Depreciation expenseFactory equipment 90,000 Raw materials purchases (all direct materials) 1,000,000 Maintenance expenseFactory equipment 48,000 Factory

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