Check my work Required information (The following information applies to the questions displayed below.] Campus Stop, Inc. is a student co-op. Campus Stop uses a perpetual Inventory system. The following transactions (summarized) have been selected for analysis: $281.100 3. Sold merchandise for cash (cost of merchandise $154,630). b. Received merchandise returned by customers as unsatisfactory out in perfect condition) for cash refund (original cost of merchandise $840). C. Sold merchandise (costing $10,359) to a customer on account with terms n/30. d. Collected half of the balance owed by the custoner in (c). e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 2,640 23,000 11,500 1,860 Required: 1. Compute Not Sales and Gross Profit for Campus Stop, Net Sales Gross Profit