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Cash Profit = ($5500 - $1200 - $500 ))
Cash Profit = $3800
Gross Profit = $5500
less Office Admin Expenses = (1200 ) (cash payments)
Less Other Indirect Expenses = (500 ) (cash Payments)
(Note: Depreciation is not a cash payment)
Cash Profit $3,800/- assuming there is no credit transaction and depreciation is not included in Office and Admin. Expenses.5,500-1,200-500(Indirect Expenses) =3,800/-
cash profit=5500-(1200+500)=3800
gross profit 5500$
subtract
office and admin expenses1200
other indirect expenses500
-- cash profit ((3800 ))
=
cash profit =
3800 will be the answer
3,800 is the cash
answer ..3800