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Use the information below to calculate net income: Net sales$30,000 Total Assets16,000 Taxes2,300 Cost of goods sold12,500 Total Liabilities8,000 Operating expenses3,200

Use the information below to calculate net income:

Net sales$30,000

Total Assets16,000

Taxes2,300

Cost of goods sold12,500

Total Liabilities8,000

Operating expenses3,200

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