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Selling, general, and administrative expenses were $71,000; net sales were $322,500; interest expense was $7,600; research and development expenses were $33,500; net cash provided by
Selling, general, and administrative expenses were $71,000; net sales were $322,500; interest expense was $7,600; research and development expenses were $33,500; net cash provided by operating activities was $84,200; income tax expense was $8,100; cost of goods sold was $176,000. Required: a. Calculate operating income for the period. Operating expenses: b. Calculate net income for the period. Interest expense Innama bas avRARAA 0 0
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