donat retail corporation that operates a chain of hypermarkets and it is headquartered in Bentonville, Arkansas Walmart the began 2024 with a credit balance of $31,800 in the refund liability account. Walmart Inc's sales and cash collections from customers during the year were $710,000 and $670,000, respectively. Walmart Inc. estimates that 5% of all sales will be returned. We also know that during 2024, customers retumed merchandise for cred of $24,000 to their accounts. Walmart Inc.'s 2024 income statement would report net sales of Multiple Choice $678,200 $686,000 $702,200 $674,500 a