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How much is the total expense for the third quarter

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Reference no: EM133137166

Question - Below are ABC Corp transactions for the third quarter: Payment of quick response insurance premium for calendar year (payment was made during the 1st quarter) - 400,000

Loss from earthquake - 980,000

Write down of inventories (loss in profit and loss) - 720,000

How much is the total expense for the third quarter?

Reference no: EM133137166

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