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E6-3 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LOG-1 The following transactions were selected from among thos

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E6-3 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LOG-1 The following transactions were selected from among thos completed by Bennett Retailers in November and December: November 20 Sold 20 items of merchandise to Customer B at an invoice price of $6,300( total): terns 4/10, n/30. November 25 Sold two items of merchandise to Customer C, who charged the $400 (total) salen price on ber Visa credit card. Visa charges Bennett. Retailers a 3 percent credit card fee. November 28 Sold 10 identical items of merchandise to Customer D at an invoice price of 99,600 (total): ceras 4/10,n/30 November 29 Customer D returned one of the itens purchased on the 28 th; the item was defective and credit was given to the customer. December 20 Customer B paid in full for the involce of November 20 . Required: Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra-revenues; 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. Answer is complete but not entirely correct

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