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Ivanhoe Company's financial information is presented below. $13760 Purchase returns and allowances Sales returns and allowances $236500 9460 Purchases Ending inventory Cost of goods sold

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Ivanhoe Company's financial information is presented below. $13760 Purchase returns and allowances Sales returns and allowances $236500 9460 Purchases Ending inventory Cost of goods sold 27520 Net sales 412800 249400 How much is gross profit? O $153940 O $163400 O $167700 O $126420

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