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A company reports the following sales-related information. Sales, gross$200,000Sales returns and allowances$16,000Sales discounts4,000Sales salaries expense10,000 Prepare the net sales portion only of this company's multiple-step

A company reports the following sales-related information.

Sales, gross$200,000Sales returns and allowances$16,000Sales discounts4,000Sales salaries expense10,000

Prepare the net sales portion only of this company's multiple-step income statement.

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