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Required information [ The following information applies to the questions displayed below. ] Williams Company is a manufacturer of auto parts having the following financial

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[The following information applies to the questions displayed below.]
Williams Company is a manufacturer of auto parts having the following financial statements for 2021-2022.
\table[[\table[[Income Statement],[For the years ended December 31]]],[,222,2021],[Sales,$3,500,000,$3,600,000
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