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Operating Expenses Sales Returns and Allowances Sales Discounts Sales Revenue Cost of Goods Sold Financial information is presented below: $ 45,000 9,000 6,000 160,000

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Operating Expenses Sales Returns and Allowances Sales Discounts Sales Revenue Cost of Goods Sold Financial information is presented below: $ 45,000 9,000 6,000 160,000 87,000 The amount of net sales on the income statement would be $145,000. $151,000. $154,000. $160,000.

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