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Zahir Inc. completed its first year of operations in 2016. The company declared dividends of $35000. If the ending balance of Retained Earnings is $37000

Zahir Inc. completed its first year of operations in 2016. The company declared dividends of $35000. If the ending balance of Retained Earnings is $37000 and the company had revenues of $242000 from 2016 sales, Calculate the company's 2016 expenses?

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