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A company reports the following sales - related information. Sales, gross $ 2 0 0 , 0 0 0 Sales returns and allowances $ 1

A company reports the following sales-related information.
Sales, gross $ 200,000 Sales returns and allowances $ 16,000
Sales discounts 4,000 Sales salaries expense 10,000
Prepare the net sales portion only of this companys multiple-step income statement.

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