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Q. Given the following data, what is net income? (Note: Not all items shown below will be included in income.)
Cost of Goods Sold
8
Accounts Payable
22
Taxes Payable
6
Tax Expense
Revenues
40
SG&A Expense
2
Interest Payable
14
Accumulated Depreciation
11
Depreciation Expense
Interest Expense
4
Dividends
3
During construction of a building, the cost of interest on a construction loan should be charged to an expense account
hello, i have got my answer, but i don''t know the PART C why doesn''t calculate "working capital: 60000"?????? can not find match number in the solution table
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