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The balance sheets for Monitor World Corporation and additional information are provided below. Additional information for 2 0 2 4 : Net income is $

The balance sheets for Monitor World Corporation and additional information are provided below.

Additional information for

2024

Net income is $

128, 400 .

Sales on account are $

1, 702, 000 . (

All sales are credit sales.

)

Cost of goods sold is $

1, 276, 500 .

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