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V Jackson Company has the following account balances, extracted from its multiple-step income statement for the current year. Required: Compute the missing amounts. Sales $

V Jackson Company has the following account balances, extracted from its multiple-step income statement for the current year. Required: Compute the missing amounts. Sales $ 112,200 Sales Returns and Allowances 2,900 Sales Discounts 3,700 Net Sales Cost of Goods Sold 53,200 Gross Profit Selling Expenses General and Administrative Expenses 10,600 Total Operating Expenses Net Income 31,800

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