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The Rye Corporation has provided the following information: Total sales were $1,325,000. Beginning net accounts receivable was $57,500. Ending net accounts receivable was $58,750. Sales

The Rye Corporation has provided the following information: Total sales were $1,325,000. Beginning net accounts receivable was $57,500. Ending net accounts receivable was $58,750. Sales returns and allowances totaled $125,000.

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