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A company reports the following sales-related information. Sales, gross$290,000Sales returns and allowances$21,000Sales discounts5,800Sales salaries expense11,800 Prepare the net sales portion only of this company's multiple-step

A company reports the following sales-related information.

Sales, gross$290,000Sales returns and allowances$21,000Sales discounts5,800Sales salaries expense11,800

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

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