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Rychael Company offers an unconditional return policy to its customers. During the current period, the company records total sales of $935,000, with a cost of

Rychael Company offers an unconditional return policy to its customers. During the current period, the company records total sales of $935,000, with a cost of merchandise to Rychael of $374,000. Based on past experience, Rychael Company expects 4% of sales to be returned. 


What is the net amount of sales that Rychael will report?

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