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Question
Behrend Corporation has annual sales of $4.5 million, depreciation of $425,000, operating expenses of $679,000, cost of goods sold of $2.3 million, and interest expense of $230,000. What is the operating income?A. $1,096,000
B. $2,036,000
C. $3,525,000
D. $4,000,000
E. $4,811,000
Answer
This answer is hidden. It contains 68 characters.
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