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Calculating Income Statements: We sold 50,000 t-shirts at $15 each in 2020. The cost...

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Accounting

Calculating Income Statements:
We sold 50,000 t-shirts at $15 each in 2020. The cost to produce was $8 each. Whats the gross profit?
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We built a website that cost us $20,000. We spent $60,000 on online ads. Wages were $180,000. Depreciation of office equipment was $12,000. Whats the total operating cost? What is the operating profit/pre-tax income for 2021?
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