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Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense = 81 Depreciation = 54
Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense = 81 Depreciation = 54 Taxes = 21 Dividends paid = 15 Beginning inventory = 105 Gross sales = 898 Materials purchases = 572 Operating expenses (excluding depreciation) = 217 Returns and allowances = 57 Ending inventory = 186 Compute Net income (Record your answer without a dollar sign, without commas, without spaces and if your answer is negative, put a minus sign (i.e., -) before your answer with no spaces between the minus sign and the number). Your
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