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The following are extracts from an income statement for the year ended 30 th June 2018: $ Sales revenue 12,000 Cost of sales 6,500 Administrative

The following are extracts from an income statement for the year ended 30th June 2018:

$

Sales revenue

12,000

Cost of sales

6,500

Administrative expenses

2,000

Interest received

50

Interest paid

200

Advertising expenses

550

Taxation (30%)

840

Dividends paid to shareholders

960

What is profit before tax?

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