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The following financial information was summarized from the accounting records of Rally Corporation for the current year ended December 31: Total Operating Expenses Cost

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The following financial information was summarized from the accounting records of Rally Corporation for the current year ended December 31: Total Operating Expenses Cost of Goods Sold Net Sales Revenue Tire Division $ 20,600 30,400 105,000 The income from operations for the Division is: $44,000 $54,000 $74,600 $30,400

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