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During the months of January and February, Hancock Corporation sold goods to three customers. The sequence of events was as follows: January6January6January14February2February28Soldgoodsfor$900to5.Greenandbilledthatanountsubjecttoteras3/10,n/30.SoldgooditoM.Munozfor$650andbilledthatamountsubjecttoterms3/10,n/30.Collectedcashduefrom5.Green.CollectedcashduefronM.Munoz.Soldgoodsfor$550to8.Reynoldsandbilledthatamountsubjecttoterns3/10,n/45. Required: Assuming that

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During the months of January and February, Hancock Corporation sold goods to three customers. The sequence of events was as follows: January6January6January14February2February28Soldgoodsfor$900to5.Greenandbilledthatanountsubjecttoteras3/10,n/30.SoldgooditoM.Munozfor$650andbilledthatamountsubjecttoterms3/10,n/30.Collectedcashduefrom5.Green.CollectedcashduefronM.Munoz.Soldgoodsfor$550to8.Reynoldsandbilledthatamountsubjecttoterns3/10,n/45. Required: Assuming that Sales Discounts is treated as a contra-revenue, compute net sales for the two months ended February 28

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