Dani opened a music shop as a sole trader. Her speciality shop sells guitars and drums. Fig. 3.1 shows an extract of financial information for the business in 2023. [Table with Cash sales: $135540, Credit sales: $77850, Cost of sales: $61390, Other expenses: $111500] [Figure 3.1] Use Fig. 3.1 to help you answer the following questions.
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