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We introduce a way of reasoning about preferences represented as pairwise comparative statements, based on a very simple yet appealing principle: cancelling out common values across statements. We formalize and streamline this procedure with argument schemes. As a result, any conclusion drawn by means of this approach comes along with a justification. It turns out that the statements which can be inferred through this process form a proper preference relation. More precisely, it corresponds to a necessary preference relation under the assumption of additive utilities. We show the inference task can be performed in polynomial time in this setting, but that finding a minimal length explanation is NP-complete.