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Kelly's Jewelry has the following transactions during the year: total jewelry sales = $660.000; sales discounts-$15.500; sales returns-S41.000: sales allowances-$21,000. In addition, at the end

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Kelly's Jewelry has the following transactions during the year: total jewelry sales = $660.000; sales discounts-$15.500; sales returns-S41.000: sales allowances-$21,000. 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 $1,550; sales retus $4,920, sales allowances $2,800. Compute net sales. Total sales Net sales

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