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Financial information is presented below: Operating expenses $ 35,000 Sales returns and allowances 12,000 Sales discounts 2,000 Sales revenue 145,000 Cost of goods sold 85,000

Financial information is presented below:

Operating expenses
$ 35,000
Sales returns and allowances
12,000
Sales discounts
2,000
Sales revenue
145,000
Cost of goods sold
85,000
The amount of net sales on the income statement would be


$132,500


$145,000.


$125,000.


$131,000.

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