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The Callie Company has provided the following information: Operating expenses were $234,000; Cost of goods sold was $358,000; Net sales were $840,000; Interest expense was
The Callie Company has provided the following information:
Operating expenses were $234,000;
Cost of goods sold was $358,000;
Net sales were $840,000;
Interest expense was $37,000;
Gain on sale of a building was $74,000;
Income tax expense was $114,000.
What was Callie's gross profit?
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