E$6-3($Algo$)$ Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales

LO$6-1$

Bennett Retailers had the following transactions in November and December:

November $20.$ Sold $20$ items of merchandise to Customer B at an invoice price of $$6,100($total$)$; terms $\frac{3}{10},\frac{n}{30}.$

November $25$ Sold two items of merchandise to Customer C$,$ who charged the $$800($total$)$ sales price on her Visa

credit card. Visa charges Bennett Retailers a $1$ percent credit card fee.

November $28$ Sold $10$ identical items of merchandise to Customer D at an invoice price of $$9,600($total$)$; terms

November $29,\frac{3}{10},\frac{n}{30}.$

December $6$ given to the customer.

December $20$ Customer B paid the November $20$ invoice in full.

Required:

Compute net sales for the two months ended December $31.$

Note: Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.

Net sales