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Campus Stop.Inc., ls student co-op. Campus Stop uses a perpetual inventory system. The following trensactions (summarized) have been selected for analysis: a. Sold merchandise for cash (cost of merchandise $143,910) b. Received merchand $257,408 ise returned by customers as unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $680). c. Sold merchandise (costing $5,400) to a customer on account with terms n/3e d. Collected half of the balance owed by the customer in (c). e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 1,630 12,000 6,000 1,640 Required 1. Compute Net Sales and Gross Profit for Campus Stop. Net Sales