In mortensons single-step income statement-gross profit

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Reference no: EM13863780

For Mortenson Company, the following information is available:

Cost of goods sold $130,000

Dividend revenue 5,000

Income tax expense 12,000

Operating expenses 46,000

Sales revenue 200,000

In Mortenson's single-step income statement, gross profit

Reference no: EM13863780

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