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The Willie Company has provided the following information: Operating expenses were $355,000; Income from operations was $230,000; Net sales were $1,300,000; Interest expense was $75,000;

The Willie Company has provided the following information:

Operating expenses were $355,000;

Income from operations was $230,000;

Net sales were $1,300,000;

Interest expense was $75,000;

Loss from sale of investments was $83,000;

Income tax expense was $62,000.

What was Willie's gross profit?

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