Answered

Demi owns and operates a dress shop. In 2023, her total sales were $160000. She refunded $1900 to custoners who were unsatisfied. Her cost of goods sold was $60000. What is Demi's gross income on her schedule C, Profit and Loss from Business (sole Proprietorship)



Answer :

I think the answer is 98,100

160,000 - 1,900 = 158,000
158,000 - 60,000 = 98,100.

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