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Blossom Company Sunland Company Sales revenue $84,000 $ Sales returns and allowances 3.000 Net sales 78,000 100,000 Cost of goods sold 54,600 Gross profit 40,000

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Blossom Company Sunland Company Sales revenue $84,000 $ Sales returns and allowances 3.000 Net sales 78,000 100,000 Cost of goods sold 54,600 Gross profit 40,000 Operating expenses 14,000 Net income 14,000

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