A company has the following information: Sales: $80,000 Sales Returns and Allowances: $2,000 Sales Discounts: $1,000 Cost of Goods Sold: $20,000 Advertising Expense: $500 Salary and Wage Expense: $1,500 Interest Revenue: $100 What are the Net Sales? $77,000 $80,000 $60,000 $57,000