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QUESTION
Operating expenses $ 45,000 Sales returns and allowances 13,000 Sales discount 6,000 Sales revenue 150,000 Costs of sales 77,000 The amount of gross...
Operating expenses $ 45,000
Sales returns and allowances 13,000
Sales discount 6,000
Sales revenue 150,000
Costs of sales 77,000
The amount of gross profit on the income statement would be:
$60 000.
$54 000.
$73 000.
$76 000.
