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Vaughn's Fashions sold merchandise for $53000 cash during the month of July. Returns that month totaled $1000. If the company's gross profit rate is

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Vaughn's Fashions sold merchandise for $53000 cash during the month of July. Returns that month totaled $1000. If the company's gross profit rate is 30%, Vaughn's will report monthly net sales revenue and cost of goods sold of O $53000 and $37100. O $52000 and $36400. O $52000 and $37100. $53000 and $364

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