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During the months of January and February, Solitare Corporation sold goods to three customers. The sequence of events was as follows: Jan. 6 Sold goods
During the months of January and February, Solitare Corporation sold goods to three customers. The sequence of events was as follows: Jan. 6 Sold goods for $840 to Wizard Inc. with terms 2/10, n/30. The goods cost Solitare $672. 6 Sold goods to SpyderCorp. for $500 with terms 2/10, n/30. The goods cost Solitare $400. 14 Collected cash due from Wizard Inc. Feb. 2 Collected cash due from SpyderCorp. 28 Sold goods for $380 to Bridges with terms 2/10, n/45. The goods cost Solitare $304. Required: Assuming that Sales Discounts are reported as contra-revenue, compute Net Sales for the two months ended February 28. (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.)
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