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DurIng the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follows: January 6 Sold goods

image text in transcribed DurIng the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follows: January 6 Sold goods for $50 to Wizard Incorporated with terms 2/30,n/60. The goods cost solitare $60. January 6 sold goods to spyder corporation for $50 with terms 5/10,n/30. The goods cost solitare $50. January 14 collected cash for the amount due from wizard Incorporated. February 28 collected cash for the amount due from Spyder corporation. Required: Compute the Net Sales Solitare would report over the two months. (Do not round Intermedlate calculatlons. Round your answer to 2 decimal places.)

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