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Financial information is presented below: Operating expenses$ 54000 Sales returns and allowances2000 Sales discounts9000 Sales revenue158000 Cost of goods sold92000 Gross Profit would be $68000.

Financial information is presented below:

Operating expenses$ 54000

Sales returns and allowances2000

Sales discounts9000

Sales revenue158000

Cost of goods sold92000

Gross Profit would be

$68000.

$64000.

$66000.

$55000.

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