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Fairview Corporation, a manufacturer of mobile phones, sold one hundred units of its deluxe phones to one of its best retail customers. Fairview's total selling

Fairview Corporation, a manufacturer of mobile phones, sold one hundred units of its deluxe phones to one of its best retail customers. Fairview's total selling price of the one hundred phones was $72,000. The terms of the sale are 2/10 and n/30.


How much should be reported as "net sales," assuming the receivable is collected on the EIGHTH day after the sale?  

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