$119,760 Gross margin Expenses Profit 41.20% 2.60% 8. Determine (a) net sales and (b) customer return percent for the handbag department when the following transactions occurred: Sales Returns $69.00 175.00 $69.00 85.00 69.00 28.00 110.00 36.00 36.00 98.00 50.00 140.00 $119,760 Gross margin Expenses Profit 41.20% 2.60% 8. Determine (a) net sales and (b) customer return percent for the handbag department when the following transactions occurred: Sales Returns $69.00 175.00 $69.00 85.00 69.00 28.00 110.00 36.00 36.00 98.00 50.00 140.00