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Financial information is presented below: Operating expenses- -- $ 54000 Sales returns and allowances- 6000 Sales discounts-8000 Sales revenue----178000 Cost of goods sold-----92000 Gross Profit

Financial information is presented below:

Operating expenses- -- $ 54000

Sales returns and allowances- 6000

Sales discounts-8000

Sales revenue----178000

Cost of goods sold-----92000

Gross Profit would be

$92000.

$80000.

$86000.

$72000.

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