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Business, 06.05.2020 01:47 LuluMathLover101

The following information will be used to answer questions 3 through 6: James Company had the following income statement accounts for the year ended December 31, 2010: Net Sales $600,000 Selling, General, and Administrative Expenses $80,000 Income Tax Expense $35,000 Unrealized Loss on Available-for-Sale Securities $8,000 Cost of Goods Sold $400,000 Interest Expense $5,000 Gain from Discontinued Operations, net-of-tax $30,000 James Company's Income from Operations for 2010 was:

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