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Financial information for a company is presented below: \table[[Operating Expenses,42,000],[Sales Returns and Allowances,7,000],[Sales Discounts,2,000],[Sales...

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Accounting

Financial information for a company is presented below:
\table[[Operating Expenses,42,000],[Sales Returns and Allowances,7,000],[Sales Discounts,2,000],[Sales Revenue,160,000],[Cost of Goods Sold,105,000]]
Using the above information, what is gross profit?
48,000
55,000
4,000
46,000
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