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Financial information is presented below: Operating expenses $ 42,000 Sales returns and allowances 12,000 Sales discounts 3,000 Sales revenue 165,000 Cost of goods sold 96,000

Financial information is presented below:

Operating expenses $ 42,000

Sales returns and allowances 12,000

Sales discounts 3,000

Sales revenue 165,000

Cost of goods sold 96,000

The amount of net sales on the income statement would be? Answer the question please correctly.

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