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For the current year, the following data were taken from the accounting records: Sales $900,000 Sales Returns and Allowances $30,000 Purchases $500,000 Purchase Returns and
For the current year, the following data were taken from the accounting records: Sales $900,000 Sales Returns and Allowances $30,000 Purchases $500,000 Purchase Returns and Allowances $8,000 Discount Received $4,000 Freight-in $2,000 Beginning Inventory $90,000 Ending Inventory $130,000 Net sales are?
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