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sunland corporation began operations in 2025. during the year, the company earned sales revenues of $1692600 with related cost of goods sold of $866600. the

sunland corporation began operations in 2025. during the year, the company earned sales revenues of $1692600 with related cost of goods sold of $866600. the company incurred administrative expenses of $511800 and had other expenses and losses of $6000. Income tax expense was $44000, and dividends of $47000 were paid. The company will report a gross profit for 2025 of

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