Inventory that had cost $$25,200$ was sold for $$40,320$ under terms $2/20,$ net$/30.$

Customers returned merchandise to Ozark five days after the purchase. The merchandise had been sold for a price of $$1,728.$ The merchandise had cost Ozark $$1,080.$

All customers paid their accounts within the discount period.

Selling and administrative expenses amounted to $$4,032.$

Interest expense paid amounted to $$380.$

Land that had cost $$7,700$ was sold for $$10,010$ cash.

Required

a$.$ Determine the amount of net sales.

b$.$ Prepare a multistep income statement.

c$.$ Where would the interest expense be shown on the statement of cash flows?

d$.$ How would the sale of the land be shown on the statement of cash flows?