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

Financial information is presented below:

Operating expenses

$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

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