Question: Current Attempt in Progress Consider the following income statement data for Cullumber Inc.: 2024 2023 Sales revenue $98400 $86400 Less: Cost of goods sold 47000

Current Attempt in Progress Consider the following income statement data for Cullumber Inc.: 2024 2023 Sales revenue $98400 $86400 Less: Cost of goods sold 47000 56700 Gross profit 51400 29700 Less: Selling and administration costs 24600 19000 Net Income $26800 $10700

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