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Sales Cost of goods sold Beginning inventory Add Goods available for sale Less v Costs of goods manufactured Gross margin Ending inventory Less V: Selling

Sales Cost of goods sold Beginning inventory Add Goods available for sale Less v Costs of goods manufactured Gross margin Ending inventory Less V: Selling and administrative expenses Operating income Textbook and Media LA 0 540000 i 540000 i -70200 IN LA $ 965700 469800 i 495900 243200 i 252700

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