Financial Information Is Presented Below The Amount of Net Sales on the Income Statement Would

Multiple Choice

Financial information is presented below: $$\begin{array} { l r } \text { Operating expenses } & \$ 45,000 \\\text { Sales returns and allowances } & 3,000 \\\text { Sales discounts } & 7,000 \\\text { Sales revenue } & 160,000 \\\text { Cost of goods sold } & 96,000\end{array}$$ The amount of net sales on the income statement would be

A) $153,000.
B) $150,000.
C) $160,000.
D) $157,000.