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Business, 26.09.2019 21:30 laurenppylant

Precious curlsprecious curls is a retail chain specializing in salon-quality hair-care products. during the year, precious curlsprecious curls had sales of $ 39 comma 388 comma 000$39,388,000. the company began the year with $ 3 comma 500 comma 000$3,500,000 of merchandise inventory and ended the year with $ 4 comma 445 comma 000$4,445,000 of inventory. during the year, precious curlsprecious curls purchased $ 23 comma 350 comma 000$23,350,000 of merchandise inventory. the company's selling, general, and administrative expenses totaled $ 5 comma 450 comma 000$5,450,000 for the year. prepare precious curls'precious curls' income statement for the year.

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