Question: Multiple Choice Question 166 Financial information is presented below: Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold $ 57000

Sales returns and allowances Sales discounts Sales revenue Cost of goods sold

Multiple Choice Question 166 Financial information is presented below: Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold $ 57000 3000 5000 162000 92000 The amount of net sales on the income statement would be $157000. $154000. $162000. $159000 Click if you would like to Show Work for this question: Open Show Work

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