Chapter 4 Homework The following information applies to the questons displayed belowJ Valley Company's adusted trial balance on August 2015 Its nscal year-end folows. S 30.500 35228 41056 Sales returns and allowances Cost of goods sold Sales salaries expense 28,581 Store supplies expense omce salaries expense Rent expense-omce space office supples expense $346,995 $346,995 on August 312ose, merchandise inventory Supplementay records or merchanasing for the year ended August31 2015 reveal the folowing itemized costs. invoice cost of merchandise purchases 89670 Purchase returns and allowances 100 points Compute the company's net sales for the year. CHASE BankMoble sound ci Questions 2- 5 (of 5) v