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Given the information below, what is the gross profit? Sales revenue Accounts receivable Ending inventory Cost of goods sold Sales returns $320,000 50,000 100,000 250,000

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Given the information below, what is the gross profit? Sales revenue Accounts receivable Ending inventory Cost of goods sold Sales returns $320,000 50,000 100,000 250,000 20,000 Multiple Choice o $220,000. o S250,000. o $50,000. o $70

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