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Suppose Bonzai Boards, Inc., had sales of $230,000 and estimated refund liability of $24,000. Cost of goods sold was $75,000. How much gross profit did

Suppose Bonzai Boards, Inc., had sales of $230,000 and estimated refund liability of $24,000. Cost of goods sold was $75,000. How much gross profit did Bonzai Boards, Inc., report? O A. $131,000 B. $179,000 C. $206,000 D. $155,000

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