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Calculate the gross profit

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Reference no: EM132677687

Question - A business reports the following:

Finished Goods Inventory 1/1/19 $ 25,000

Finished Goods Inventory 12/31/19 11,000

Sale Revenue in 2019 310,000

Cost of Goods Manufactured in 2019 205,000

Operating Expenses in 2019 112,000

Required - Calculate the Gross Profit?

Reference no: EM132677687

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