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Sanchez Company engaged in the following transactions during Year 2 - The company paid cash to purchase $35,200 of inventory - The company sold inventory

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Sanchez Company engaged in the following transactions during Year 2 - The company paid cash to purchase $35,200 of inventory - The company sold inventory that cost $32.800 for $57,000 cash - Operating expenses incurred and paid during the year, \$18,000. Sanchez uses the perpetual inventory system. What is Sanchezs pross margin for the year

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