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Using the following information, calculate net profit before tax. $ Credit sales 200 000 Cash sales 100 000 Cash received from accounts receivable 60 000

Using the following information, calculate net profit before tax.

Credit sales

200 000

Cash sales

100 000

Cash received from accounts receivable

60 000

Cost of goods sold

70 000

Cash purchases of inventory

40 000

Operating expenses

80 000

A. $150 000

B. $110 000

C. $210 000

D.$170 000

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