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sales 285,000 Interest expense 8,500 Cost of goods sold 66,200 Operating expenses 35,600 Common stock $5 par 22,000 Retained earnings 1/1/Year 9 48,200 The following

sales 285,000 Interest expense 8,500 Cost of goods sold 66,200 Operating expenses 35,600 Common stock $5 par 22,000 Retained earnings 1/1/Year 9 48,200 The following information is also available for Year 9 and is not reflected in the preceding accounts: Income Statement

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