caluclate, sales reveune - sales and return allowances - sales discount - net sales - cost of goods sold - gross profit for the following information

a.

	New Books sold merchandise to Readers Corner at a selling price of $600,000. The merchandise had cost New Books $435,000.
b.	Two days later, Readers Corner complained to New Books that some of the merchandise differed from what Readers Corner had ordered. New Books agreed to give an allowance of $15,000 to Readers Corner.
c.	Just three days later, Readers Corner paid New Books, which settled all amounts owed.