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Sales Revenue $150,000 Purchases 90,000 Inventory (beginning) 20,000 Inventory (ending) 14,000 Purchases Returns & Allowances 5,000 Purchase Discounts 7,000 Freight-In 4,000 Sales Discounts 8,000 Sales

Sales Revenue

$150,000

Purchases

90,000

Inventory (beginning)

20,000

Inventory (ending)

14,000

Purchases Returns & Allowances

5,000

Purchase Discounts

7,000

Freight-In

4,000

Sales Discounts

8,000

Sales Returns & Allowances

5,000

Freight-Out

2,000

What is the amount of the companies net sales?

A) 137,000

B) 139,000

C) 145,000

D) 150,000

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