18 Kelly's Jewelry has the following transactions during the year total jewelry sales - $720,000, sales discounts $18,500; sales returns = $47.000; sales allowances $27.000. In addition, at the end of the year the company estimates the following transactions associated with jewelry sales in the current year will occur next year sales discounts = $1,850, sales returns = $5,640; soles allowances = $3,600. Compute net sales $ ebook Total sales Idd Sales returns Loss Sales discounts Add Sales returns Add Sales allowances Net sales 720,000 (20,350) 162.640) 130.000) (30,000) 616.410 $