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Company A had the following sales and collections on account during 20X1: Sales 974,000 Discount percentage 2% A/R collected within the discount period (gross amount)

Company A had the following sales and collections on account during 20X1:

Sales	974,000
Discount percentage	2%
A/R collected within the discount period (gross amount)	605,000
A/R not collected within the discount period (gross amount)	307,200

What is the sales discounts amount on the income statement assuming the gross method?

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