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Required: Compute the missing amounts Required: Compute the missing amounts. Sales Sales Returns and Allowances Sales Discounts Net Sales Cost of Goods Sold Gross Profit

image text in transcribed Required: Compute the missing amounts

Required: Compute the missing amounts. Sales Sales Returns and Allowances Sales Discounts Net Sales Cost of Goods Sold Gross Profit Selling Expenses General and Administrative Expenses Total Operating Expenses Net Income x s 116,200 4,600 65,000 43,800 10,500 21,900

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