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The Savoy Corporation Income Statement Accounts for the year ending December 31, 2014 Account Balance Cost of goods sold $345,000 Interest expense $79,000 Taxes $57,100
The Savoy Corporation Income Statement Accounts for the year ending December 31, 2014 Account Balance Cost of goods sold $345,000 Interest expense $79,000 Taxes $57,100 Revenue $836,000 Selling, general, and administrative expenses $93,000 Depreciation $126,000 Refer to the Savoy Corporation Income Statement Accounts. What is the cash flow for the Savoy Corporation for 2014? A. $193,000 B. $261,900 C. $135,100 D. $272,000
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