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Assume Sunland Company has the following reported amounts: Sales revenue $1,000,000, Sales returns and allowances $29,000, Cost of goods sold $649,599, and Operating expenses $215,600.

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Assume Sunland Company has the following reported amounts: Sales revenue $1,000,000, Sales returns and allowances $29,000, Cost of goods sold $649,599, and Operating expenses $215,600. (a) Compute netsales. Net sales (b) Computegross protit. Sioss profit (c) Compute incomie from operations

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