Given the following information calculate the net income

Reference no: EM13570053

Given the following information, calculate the net income for the year ended December 31, 2006, Selling expenses $ 78,000 General expenses 48,600 Sales 545,000 Finished goods inventory, January 1, 2006 29,500 Finished goods inventory, December, 31, 2006 27,200 Cost of goods manufactured 280,700

Reference no: EM13570053

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