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If Sales is $50 000, Sales Return and Allowance is $4 000, freight outwards is $2 000, Purchase is $7 000, Cost of goods sold
If Sales is $50 000, Sales Return and Allowance is $4 000, freight outwards is $2 000, Purchase is $7 000, Cost of goods sold is $13 000, Selling Expenses is $6 000, the Gross Profit would be?
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