Hillcrest Company reports the following amounts at the end of the year: Total sales = $400,000; cash = $35,000; sales discounts = $10,000; accounts receivable = $20,000; sales returns = $15,000; operating expenses = $70,000; sales allowances = $25,000; allowance for bad debts = $5,200; bad debt expense = $1,900. Compute net sales