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A firm books a revenue of $900,000 in December 2016. Based on previous experience, 5% of the sales are returned within 30 days. Returned products

A firm books a revenue of $900,000 in December 2016. Based on previous experience, 5% of the sales are returned within 30 days. Returned products are resalable. 


How much should the sales return allowance be in December 2016?

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