Question: Correct answer? Various items from the Perril Company's Income statement for the year ending December 31, 2005 dre Ibted below: Interest expense = 85 Depreciation

Correct answer? Various items from the Perril Company's Income statement for

Correct answer?

Various items from the Perril Company's Income statement for the year ending December 31, 2005 dre Ibted below: Interest expense = 85 Depreciation = 95 Taxes = 40 Dividends paid = 15 Beginning inventory = 134 Gross sales = 817 Materiab purchases = 507 Operating expenses (excluding depreciation) = 245 Returns and allowances = 51 Ending inventory = 115 Compute Net income (Record your answer without a dollar sign, without commas, without spaces, and if your answer is negative, put a minus sign (i.e., -) before your answer with no spaces between the minus sign and the number). Your

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