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Cartisle incorporated estimates zales returns and allowancen to be 5 t of sales. Gross sates for the period were $7725,000 and total sales discounts tahen adventege of thy customets amounted to $12,000. Ute thits information to propare a multh stop income statement for Carisie incorporated. Include the calculation for net sales and the calculation for gross profit, assuming cogs was $450,000