Question: Please show details for the calculation in a word document. Thanks Using the information provided below, compute the following: 1. Compute Gross Profit 2. Compute

Please show details for the calculation in a word document. Thanks

Using the information provided below, compute the following: 1. Compute Gross Profit 2. Compute Operating Profit 3. Compute Net Income Selling, General, and Administrative Expenses $ 302,400 Sales 980,000 Depreciation Expense $ 40,000 Cost of Goods Sold $ 516,000 Interest Revenue 86,000 Interest Expense $ 18,000 Income Tax 30,600

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