Kelly's Jewelry has the following transactions during the year: total jewelry sales = $740,000: sales discounts = $19,500; sales returns = $49.000; sales allowances -$29,000. 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 = $1,950: sales returns = $5,880; sales allowances = $3,870. Compute net sales. Total sales Net sales