Question: Compute the missing amounts in the separate (partial) income statements A, B, and C. A B C Sales $ 20,000 $ 90,000 Sales discounts

Compute the missing amounts in the separate (partial) income statements A, B,

Compute the missing amounts in the separate (partial) income statements A, B, and C. A B C Sales $ 20,000 $ 90,000 Sales discounts 1,500 500 2,000 Sales returns and allowances 4,000 7,000 Net sales 35,000 16,500 Cost of goods sold 14,000 Gross profit 13,000 21,000

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