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Please show work (formula) Financial information is presented below: Operating expenses $ 35,000 Sales returns and allowances 12,000 Sales discounts 3,000 Sales revenue 140,000 Cost

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Please show work (formula)
Financial information is presented below: Operating expenses $ 35,000 Sales returns and allowances 12,000 Sales discounts 3,000 Sales revenue 140,000 Cost of goods sold 85,000 The amount of net sales on the income statement would be $128,000. $125,000. $140,000. $137,000

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