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Tom operates an auto parts store. His records indicate that he had sales of $87,000. Customers returned $2,000 worth of parts because of various defects.

Tom operates an auto parts store. His records indicate that he had sales of $87,000. Customers returned $2,000 worth of parts because of various defects. His cost of goods sold was $25,000. What is Tom's Schedule C gross income? $60,000 $62,000 $85,000 $87,000

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