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The following data relate to Nemo Inc. for the year ending December 31: Sales $4,908,000 Cost of goods sold 3,700,000 Selling expenses 96,000 Administrative expenses

The following data relate to Nemo Inc. for the year ending December 31: Sales $4,908,000 Cost of goods sold 3,700,000 Selling expenses 96,000 Administrative expenses 146,500 What is Nemo Inc.'s operating income

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