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Assume Oriole Company has the following reported amounts: Sales revenue $1,275,000, Sales returns and allowances...

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Accounting

Assume Oriole Company has the following reported amounts: Sales revenue $1,275,000, Sales returns and allowances $38,000, Cost of goods sold $818,894, and Operating expenses $275,000.
(a) Compute net sales.
Net sales
(b) Compute gross profit.
Gross profit $
(c) Compute income from operations.
Income from operations $
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