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Financial information for two companies are presented below. (a) Fill in the missing amounts. Sales revenue Sales returns and allowances Sunland Company Monty Corp.

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Financial information for two companies are presented below. (a) Fill in the missing amounts. Sales revenue Sales returns and allowances Sunland Company Monty Corp. $92,000 $ Net sales Cost of goods sold 86,000 55,900 Gross profit Operating expenses 13,760 Net income 5,200 108,000 41,040 21,600

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