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Paper Clip Company sells office supplies. The following information summarizes the company's operating activities for the year: Utilities for the store $ 10 comma 300 Sales commissions 10 comma 300 Sales revenue 164 comma 100 Purchases of merchandise 89 comma 000 January 1 inventory 27 comma 400 Rent for store 14 comma 200 December 31 inventory 24 comma 000 What is operating income?

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    Answer:ummarizes the company's operating activities for the year: Utilities for the store $ 10 comma 300 Sales commissions 10 comma

    Paper Clip Company sells office supplies. The following information summarizes the company's o

    Explanation:ies for the store $ 10 comma 300 Sales commissions 10 comma 300 Sa

    ies. The following information summarizes the company's operating activities for the year: Utilities for the store $ 10 comma 300 Sales commissions 10 comma 300 Sales revenue 164 comma 100 Purchases of merchandise 89 comma 000 January 1 inventory 27 comma 400 Rent for st
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