What Are the Correct Amounts Missing from the Condensed Income

question 144

Multiple Choice

What are the correct amounts missing from the condensed income statement of Batavia, Inc.?

• A)Net income: $545,000; Gross profit: $740,000
• B)Net income: $545,000; Gross profit: $545,000
• C)Net income: $420,000; Gross profit: $740,000
• D)Net income: $420,000; Gross profit: $545,000

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