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52. Financial information is presented below: Operating expenses $ 38000 Sales returns and allowances 2000 Sales discounts 5000 Sales revenue 140000 Cost of goods sold

52.

Financial information is presented below:

Operating expenses $ 38000
Sales returns and allowances 2000
Sales discounts 5000
Sales revenue 140000
Cost of goods sold 86000

The amount of net sales on the income statement would be

$135000.

$138000.

$133000.

$140000.

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