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Customer Angela Sosa purchased $144,789 worth of car parts with her Standard credit card. The...

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Accounting

Customer Angela Sosa purchased $144,789 worth of car parts with her Standard credit card. The cost to Cars Plus for the sale is $83,301. Standard credit card charges Cars Plus a fee of 5% of the sale.

What is the operating income recognized by Cars Plus? Round to the nearest penny, two decimal places.

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