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Selling, general, and administrative expenses were $178,200; net sales were $810,000; interest expense was $19,400; research and development expenses were $85,050; net cash provided by
Selling, general, and administrative expenses were $178,200; net sales were $810,000; interest expense was $19,400; research and development expenses were $85,050; net cash provided by operating activities was $215,100; income tax expense was $18,160; cost of goods sold was $445,500.
A. Calculate operating income for the period
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