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14 Gross billings for merchandise sold by Lang Company to its customers last year amounted to $11, 720,000; sales returns and allowances were $370,000, sales

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Gross billings for merchandise sold by Lang Company to its customers last year amounted to $11, 720,000; sales returns and allowances were $370,000, sales discounts were $175,000, and freight-out was $140,000. Net sales last year for Lang Company were a. $11, 720,000. b. $11, 350,000. c. $11, 175,000. d. $11, 035,000

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