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Merchandise costing$2600 is sold for $3600 on terms 2/30, n/60. If the customer pays within discount period, what amount will be reported on the income

Merchandise costing$2600 is sold for $3600 on terms 2/30, n/60. If the customer pays within discount period, what amount will be reported on the income statement as net sales and gross profit?

Net Sales

Gross Profit

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