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Cycling Company reported the following amounts at the end of the year: Total sales revenue 780,000 Sales returns 50,000 Sales allowances 10,000 Sales discounts 14,000

Cycling Company reported the following amounts at the end of the year: Total sales revenue 780,000 Sales returns 50,000 Sales allowances 10,000 Sales discounts 14,000 In addition, at the end of the year the company estimates the following transactions associated with this year's sales will occur next year: Sales returns: $4,000; Sales allowances: $1,000; Sales discounts: $1,000. How much is net revenues

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