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Exercise 4-17 (Algo) Computing net sales for multiple-step income statement LO P4 A company reports the following sales-related information. ( begin{array}{lcc}text { Sales, gross }

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Exercise 4-17 (Algo) Computing net sales for multiple-step income statement LO P4 A company reports the following sales-related information. \\( \\begin{array}{lcc}\\text { Sales, gross } & \\$ 205,000 \\text { Sales returns and atlowances } & \\$ 12,000 \\\\ \\text { Sales discounts } & 4,100 \\text { Sales salaries expense } & 10,100\\end{array} \\) Prepare the net sales portion only of this company's multiple-step income statement

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