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According to the producer price index database maintained by the Bureau of Labor Statistics, the...

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Accounting

According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2018. Let's see whether these changes are reflected in the income statement of Wizard Computers for the year ended December 31,2018.
\table[[Sales Revenue,2018,2017],[Cost of Goods Sold,114,000,$141,000
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