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Financial information is presented below Operating Expenses Sales Returns and Allowances Sales Discounts Sales Cost of Goods Sold $45,000 13,000 6,000 150,000 79,000 Gross profit

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Financial information is presented below Operating Expenses Sales Returns and Allowances Sales Discounts Sales Cost of Goods Sold $45,000 13,000 6,000 150,000 79,000 Gross profit would be 1) $52.000. 2) $58,000. 3) $65,000. 4) $71.000

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