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During Year 2, Omark Company sold merchandise costing $146,400 for $195,200. Customers returned 10% of the merchandise and a 2% cash discount was provided on

During Year 2, Omark Company sold merchandise costing $146,400 for $195,200. Customers returned 10% of the merchandise and a 2% cash discount was provided on $112,000 of the sales. Based on this information the amount of net sales is

Multiple Choice $173,440. $175,680. $195,200. $177,920.

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