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AAA Co. sold merchandise to Health Co. on account, $18,000, terms 2/15, net 45 . The cost of the merchandise sold is $15,500. AAA Co.

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AAA Co. sold merchandise to Health Co. on account, $18,000, terms 2/15, net 45 . The cost of the merchandise sold is $15,500. AAA Co. issued a credit memo for $1,750 for merchandise returned that originally cost $1,400. The Health Co. paid the invoice within the discount period. What is amount of net sales from the above transactions for AAA Co.? $15,890 NOT A EITHER $13,818 $16,250 $16,240 $14,100

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