E6-2 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, and Credit Card Sales L06-1 The following transactions were selected from the records of OceanView Company: \begin{tabular}{ll} July 12 & \begin{tabular}{l} Sold merchandise to Customer R, who charged the $3,000 purchase on his Visa credit card. Visa \\ charges OceanView a 2 percent credit card fee. \end{tabular} \\ July 15 & Sold merchandise to Customer S at an invoice price of $10,300; terms 3/10,n/30. \\ July 20 & Sold merchandise to Customer T at an invoice price of $5,200; terms 3/10,n/30. \\ July 23 & Collected payment from Customer S from July 15 sale. \\ August 25 & Collected payment from Customer T from July 20 sale. \end{tabular} Required: Assuming that Sales Discounts and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended August 31