Salvadore inc a local retailer has provided the following

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Salvadore Inc., a local retailer, has provided the following data for the month of September:

  Merchandise inventory, beginning balance $ 46,800
  Merchandise inventory, ending balance $ 45,000
  Sales $265,200
  Purchases of merchandise inventory $133,100
  Selling expense $ 24,900
  Administrative expense $ 54,700
The net operating income for September was:

Reference no: EM13573334

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