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Problem 1: Ortiz Co. had the following account balances: Sales $184,000; Cost of goods sold 90,000; Depreciation expense 30,000; Sales Discount 5,000; Interest revenue 6,000; Utilities expense 12,000; Rental revenue 31,000; Interest expense 18,000. What would Ortiz report as total net revenues in a multiple-step income statement?
Group of answer choices
Option 1: $216,000
Option 2: $184,000
Option 3: $179,000
Option 4: $66,000
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