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Sales revenue $ 8 , 4 0 0 , 0 0 0 Selling expense $ 1 , 0 8 0 , 0 0 0 Foreign

Sales revenue $8,400,000 Selling expense $1,080,000
Foreign currency translation adjustment, gain 37,500 Interest expense 96,000
General and administrative expense 855,000 Cost of goods sold 4,755,000
Gain on sale of investments 64,500 Interest income 48,900
The companys tax rate was 25%.

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