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
Correct Answer:
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