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On december 29, mikhail shipped goods with a selling price of $80,000 and a cost of $60,000 to omar sales corporation fob shipping point. the goods arrived on january 3. omar sales had only ordered goods with a selling price of $10,000 and a cost of $8,000. however, a sales manager at mikhail had authorized the shipment and said that if omar wanted to ship the goods back next week, it coul
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