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Sanders Company had the following data for the year ending December 31, 2021: Cash $6,000 Depreciation expense 40,000 Prepaid rent 1,400 Cost of goods sold
Sanders Company had the following data for the year ending December 31, 2021:
| Cash | $6,000 |
| Depreciation expense | 40,000 |
| Prepaid rent | 1,400 |
| Cost of goods sold | 69,000 |
| Sales | 200,000 |
| Dividends paid | 3,000 |
| Interest expense | 1,000 |
| Rent expense | 3,600 |
| Wage expense | 81,000 |
What is the "income from operations" for the year ending December 31, 2021?
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Introduction To Financial Accounting
Authors: Anne Marie Ward, Andrew Thomas
9th Edition
1526803003, 978-1526803009
