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E6-12 (Algo) Reporting Net Sales after Sales Discounts and Sales Returns [LO 6-4] The following transactions were selected from among those completed by Bear's Retail

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E6-12 (Algo) Reporting Net Sales after Sales Discounts and Sales Returns [LO 6-4] The following transactions were selected from among those completed by Bear's Retail Store: Novenber 20 5old two items of nerchandise to Cheryl Jahn, who paid the $490 sales price in cash. The goods cost Bear's \$370. Noventer 25 sold 20 itens of merchandise to Vasko Athletics at a selting price of $4,600 (total); terms 3/10,n/30. The goods cost Bear's $2,880. Noventer 28 Sold 18 identical itens of merchandise to Nancy's Gym at a selling price of $6,600 (total); terms 3/10, n/30, The goods cost Bear's $4,380. Novenber 29 Nancy's Gym returned one of the itens purchased on the 28th. The iten was in perfect condition and credit was given to the customer on occount. No further returns are expected. Decenber 6 Nancy's Gya paid the account batance in fult. Decenber 30 Vasko Athletics paid in futl for the invoice of Novenber 25. Required: Compute the Net Sales to be reported over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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