Question: Income Statement Income Gross sales 5750000 Sales returns and allowances 200 Net sales 6660000 Cost of goods sold 2760000 Gross profit 3900000 Dividends received from

Income Statement Income Gross sales 5750000 Sales returns and allowances 200 Net sales 6660000 Cost of goods sold 2760000 Gross profit 3900000 Dividends received from stock investments in lessthan20 owned US corporations 52500 Interest

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