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Nelson Company provides the following information for the month ended October 31, 2017: sales on credit $360,800, cash sales $106,800, sales discounts $6,300, and sales

Nelson Company provides the following information for the month ended October 31, 2017: sales on credit $360,800, cash sales $106,800, sales discounts $6,300, and sales returns and allowances $10,900. Prepare the sales section of the income statement based on this information.

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