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Suppose Old Oak Winery had sales of $290,000 and sales returns of $40,000. Cost of goods sold was $166,000. How much gross profit did Old

Suppose Old Oak Winery had sales of $290,000 and sales returns of $40,000. Cost of goods sold was $166,000. How much gross profit did Old Oak Winery report? A. $124,000 B. $69,000 C. $84,000 D. $250,000

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