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The company prepares mutt-step income statements and has a 25% tax rate. Compute the three tollowing income statemernt amounts: 1. Gross Profit: 2. Total Operating

The company prepares mutt-step income statements and has a 25% tax rate. Compute the three tollowing income statemernt amounts: 1. Gross Profit: 2. Total Operating Expenses, excluding cost of goods sold (do not use a negative sign): 3. Net Income

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