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Meta recorded sales of $ 2 2 , 9 0 0 , 0 0 0 and experienced returns of $ 1 , 5 9 0

Meta recorded sales of $22,900,000 and experienced returns of $1,590,000. Cost of goods sold totaled $16.030.000(70% of sales) The company estimates that 8% of all sales will be returned. Assuming that this is the first year of operations for Meta, following adjusting entry should include

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