Salvadore inc a local retailer has provided the following

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Salvadore Inc., a local retailer, has provided the following data for the month of September:

Merchandise inventory, beginning balance	$ 46,800
Merchandise inventory, ending balance	$ 45,000
Sales	$265,200
Purchases of merchandise inventory	$133,100
Selling expense	$ 24,900
Administrative expense	$ 54,700

The net operating income for September was:

Reference no: EM13573334

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