Question: Question 2 (1 point) Sample short answer question: A company has the following information from its income statement. Selling and administrative expenses $ 1,114,000 Interest

Question 2 (1 point) Sample short answer question: A company has the following information from its income statement. Selling and administrative expenses $ 1,114,000 Interest expenses 140,000 Net Sales 3,790,000 Cost of goods sold 1,780,000 Dividends-Preferred stock 125,000 What is the gross profit? AJ

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