20 points 1 Skipped Total gross sales for the period include the following: Credit card sales...

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20 points 1 Skipped Total gross sales for the period include the following: Credit card sales (discount 4%) Sales on account (2/15, n/60) $10,300 $9,600 Sales returns related to sales on account were $250. All returns were made before payment. One-half of the remaining sales on account were paid within the discount period. The company treats all discounts and returns as contra-revenues. What amount will be reported on the income statement as net sales? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. eBook Net sales Print References 20 points 1 Skipped Total gross sales for the period include the following: Credit card sales (discount 4%) Sales on account (2/15, n/60) $10,300 $9,600 Sales returns related to sales on account were $250. All returns were made before payment. One-half of the remaining sales on account were paid within the discount period. The company treats all discounts and returns as contra-revenues. What amount will be reported on the income statement as net sales? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. eBook Net sales Print References