Presented below is financial information for two different companies.
Compute the missing amounts.
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Shabbona Company
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Jenkins Company
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Sales revenue
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95,970
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|
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(d)
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Sales returns and allowances
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(a)
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5,420
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Net sales
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88,660
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90,810
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Cost of goods sold
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58,450
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(e)
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Gross profit
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(b)
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38,090
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Operating expenses
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15,530
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26,170
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Net income
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(c)
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11,920
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