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MBC, Inc., reported the following amounts at the end of the year: Total sales $878,500 Accounts receivable 44,700 Sales allowances 300 Sales returns 8,900 Sales

MBC, Inc., reported the following amounts at the end of the year:

Total sales $878,500
Accounts receivable 44,700
Sales allowances 300
Sales returns 8,900
Sales discounts 12,000

Allowance for Uncollectible accounts

6. determine total contra revenues for the company

7. determine net sales for the company

3,600

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