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A company reports the following sales-related information. Sales, gross $ 275,000 Sales returns and allowances $ 18,000 Sales discounts 5,500 Sales salaries expense 11,500 Prepare

A company reports the following sales-related information. Sales, gross $ 275,000 Sales returns and allowances $ 18,000 Sales discounts 5,500 Sales salaries expense 11,500 Prepare the net sales portion only of this companys multiple-step income statement

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