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Question related to Johnson Company for the year ended December 31, 2016, follows.
Cost of Goods Sold
mce_markernbsp;70,000
Dividends Declared
5,000
Flood Loss (pre-tax)
12,000
General Expense
8,000
Other Income
9,000
Other Expense
11,000
Retained Earnings, January 1, 2010
116,000
Sales
131,000
Selling Expense
7,000
(Required)
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