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Required information [The following information applies to the questions displayed below.] Tisdale Incorporated reports the following amount in its December 31, 2021, income statement.

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Required information [The following information applies to the questions displayed below.] Tisdale Incorporated reports the following amount in its December 31, 2021, income statement. Sales revenue $250,000 Income tax expense $ 20,000 Non-operating revenue Selling expenses General expenses 100,000 50,000 40,000 Cost of goods sold 180,000 Administrative expenses 30,000

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