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5 The following information has been taken from ABC Company for the year 2019 Sales revenues 180,000-Opening inventory of finished goods 30.000-Closing inventory of

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5 The following information has been taken from ABC Company for the year 2019 Sales revenues 180,000-Opening inventory of finished goods 30.000-Closing inventory of finished goods 20,000-Purchases 100,000- Trade discount received 5,000 Trade discount allowed 6,000- Purchases returns 2.000- Sales returns 7,000 Net sales for the year ended December 31, 2019, is 03 00:46:53 Multiple Choice O $167,000 $103,000 $64,000

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