6. value: 3.70 points TB MC Qu. 6-33 Newark Company has provided the following... Newark Company has provided the following information: Cash sales, $590,000 Credit sales, $1,490,000 Selling and administrative expenses, $470,000 Sales returns and allowances, $104,000 Gross profit, $1,500,000 Increase in accounts receivable, $69,000 Bad debt expense, $47,000 Sales discounts, $57,000 Net income, $1,030,000 How much are Newark's net sales? 0 $2,011,000. $1,919,000. O $2,080,000. $1,872,000