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The Auction Status Report is a quick recap of the auction at this moment. In the first section, you will see the total amount of sales, both billed and unbilled. The sales taxes, buyer's premiums and expenses that have been charged on buyer bills are listed, along with the payments received up to this point. The next section shows the total consignor sales, commissions earned, expenses charged to sellers and payments made to sellers up to this point. The last section is a profit and loss summary of the entire auction.
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