Question: Exercise 5-17 (Algo) Computing net sales for multiple-step income statement LO P4 A company reports the following sales-related information. Sales, gross $255,000 Sales returns and

Exercise 5-17 (Algo) Computing net sales for multiple-step income statement LO P4 A company reports the following sales-related information. Sales, gross $255,000 Sales returns and allowances $14,000 Sales discounts 5,100 Sales salaries expense 11,100 Prepare the net sales portion only of this company's multiple-step income statement

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