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Financial information is presented below: Operating expense $ 28,000 Sales returns and allowances 7,000 Sales discounts 3,000 Sales revenue 150,000 Cost of goods sold 91,000

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Financial information is presented below: Operating expense $ 28,000 Sales returns and allowances 7,000 Sales discounts 3,000 Sales revenue 150,000 Cost of goods sold 91,000 Gross profit would be A) $56,000. B) $49,000. C) $52,000. D) $59,000

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