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. Use the following Demi Lovato Corporation accounts, to calculate operating income. Sales: $300,000 Cost of Goods Sold: $150.000 Depreciation Expense: $17.000 Administrative Expenses: $15,000

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. Use the following Demi Lovato Corporation accounts, to calculate operating income. Sales: $300,000 Cost of Goods Sold: $150.000 Depreciation Expense: $17.000 Administrative Expenses: $15,000 Interest Expense: $3,000 Marketing Expense; $8,000 Taxes: $30,000 . . . O $77,000 $107.000 O $110.000 O $150.000

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