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Problem
The Abacus Company had the following activity and balances for the year ended 2014:
Sales Revenue [____________]Selling Expenses $665,000General and Administrative Expenses 400,000Cost of Goods Sold 900,000Net Income 1,535,000Current Assets 12,000,000Long Term Assets 34,000,000Current Liabilities [_________]Long Term Liabilities 14,000,000Owners Equity 25,000,000
What is sales revenue?
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