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What is the total wage expense for the company? Income Statement (this company only has two expense accounts) Revenues $380,000 Cost of goods sold $117,000

What is the total wage expense for the company?

Income Statement (this company only has two expense accounts)

Revenues $380,000

Cost of goods sold $117,000

Wage expense [???]

Selected Retained Earnings Info

  • Beginning Retained Earnings $200,000
  • Dividends $6,000
  • Ending Retained Earnings $ 302,645

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