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ABC company has sales of $400,000, sales discount of $20,000, and its gross profit is $280,000. How much is the cost of goods sold? $300,000

ABC company has sales of $400,000, sales discount of $20,000, and its gross profit is $280,000. How much is the cost of goods sold? $300,000 A. B. $260,000 $120,000 D. $100,000

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