Kellys Jewelry has the following transactions during the year: total jewelry sales = $590,000; sales discounts = $12,000; sales returns = $34,000; sales allowances = $14,000. In addition, at the end of the year the company estimates the following transactions associated with jewelry sales in the current year will occur next year: sales discounts = $1,200; sales returns = $4,080; sales allowances = $1,870. Compute net sales.

Total sales Net sales