Maulder Company provides the following information for the month ended October 31, 2010: Sales on credit $280,000,

Question:

Maulder Company provides the following information for the month ended October 31, 2010: Sales on credit $280,000, cash sales $100,000, sales discounts $13,000, sales returns and allowances $11,000. Prepare the sales revenues section of the income statement based on this information.