is the notes to the financial statements None of the choices reflect the expense recognition principle. Question 11 3.33 pts A company has sales of $800,000: sales returns and allowances of $15,000, sales discounts of $33.000 operating expenses of $190,500 and net income of $18,500. The company's cost of goods sold is? $191,470 $543.000 $242.000 $209,000 $257.000 3.33 pts Question 12