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The following account balances appeared on the company's trial balance at year-end: Sales Returns and Allowances Accounts Receivable Sales Discounts Sales Revenue Selling, General, and

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The following account balances appeared on the company's trial balance at year-end: Sales Returns and Allowances Accounts Receivable Sales Discounts Sales Revenue Selling, General, and Administrative Expenses $ 510 9,100 750 58,200 350 The amount of net sales reported on the income statement would be: $56,590 O $58,200. $56,940. $65,300

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