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July 12 Sold merchandise to Wally Butler, who paid the $1,000 purchase with cash. The goods cost Evergreen Company $600. July 15 Sold merchandise to

July 12

Sold merchandise to Wally Butler, who paid the $1,000 purchase with cash. The goods cost Evergreen Company $600.

July 15

Sold merchandise to Claudios Chair Company at a selling price of $5,000 on terms 3/10, n/30. The goods cost Evergreen Company $3,500.

July 20

Sold merchandise to Ottos Ottomans at a selling price of $3,000 on terms 3/10, n/30. The goods cost Evergreen Company $1,900.

July 23 Collected payment from Claudios Chair Company from the July 15 sale.
Aug. 25 Collected payment from Ottos Ottomans from the July 20 sale.
Required:

Assuming that Sales Discounts are reported as contra-revenue, compute Net Sales for the two months ended August 31.

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