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Financial information is presented below: Operating expenses $60000 Sales returns & allowances $9000 Sales discounts $5000 Sales Revenue $166000 Cost of goods Sold $89000 The

Financial information is presented below:

  • Operating expenses $60000
  • Sales returns & allowances $9000
  • Sales discounts $5000
  • Sales Revenue $166000
  • Cost of goods Sold $89000

The amount of net sales on the income statement would be

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