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Best Equipment Sales ( BESt ) started Year 2 with $ 1 4 , 6 4 0 cash, $ 6 5 , 3 6 0

Best Equipment Sales(BESt) started Year 2
with $14,640 cash, $65,360 inventory, $50,000 common stock and
$30,000 retained earnings. During Year 2, BESt experienced
the following events:What is the dollar value of the discount taken on Feb 5?What is the value of Net Sales for Year 2?What is the value of Cost of Goods Sold on the Year 2 Income
Statement?What is the value of Net Income on the Year 2 Income
Statement?

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