Answer:
$145,000
Explanation:
Given that,
Operating Expenses = $ 45,000
Sales Returns and Allowances = 9,000
Sales Discounts = 6,000
Sales Revenue = 160,000
Cost of Goods Sold = 87,000
Net sales:
= Sales revenue - Sales Returns and Allowances - Sales Discounts
= $160,000 - $ 9,000 - $6,000
= $145,000
Therefore, the amount of net sales on the income statement would be $145,000.
