Please help with the red boxes as they were counted wrong. Thank you! The income statement of
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Please help with the red boxes as they were counted wrong. Thank you!
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The income statement of Bramble Company is shown below. Bramble Company Income Statement For the Year Ended December 31, 2025 Sales revenue $6,980,000 Cost of goods sold Beginning inventory $1,850,000 Purchases 4,580,000 Goods available for sale 6,430,000 Ending inventory 1,570,000 Cost of goods sold 4,860,000 Gross profit 2,120,000 Operating expenses Selling expenses 410,000 Administrative expenses 760,000 1,170,000 Net income $950,000 The income statement of Bramble Company is shown below. Bramble Company Income Statement For the Year Ended December 31, 2025 Sales revenue $6,980,000 Cost of goods sold Beginning inventory $1,850,000 Purchases 4,580,000 Goods available for sale 6,430,000 Ending inventory 1,570,000 Cost of goods sold 4,860,000 Gross profit 2,120,000 Operating expenses Selling expenses 410,000 Administrative expenses 760,000 1,170,000 Net income $950,000
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