> Let's practice! The following transactions were selected from the records of Evergreen Company. Assuming that sales discounts and credit card discounts are treated as contra- revenues, compute net sales for the two months ended August 31 (1) July 12: Sold merchandise to Customer R, who charged the $2,000 purchase on his Visa credit card. Visa charges Evergreen a 2 percent credit card fee. Date Account Debit Credit (2) July 15: Sold merchandise to Customer S at an invoice price of $7,000; terms 3/10, n/30. Date Debil (3) July 20: Sold merchandise to Customer T at an invoice price of $5,000; terms 3/10, n/30. Date Account Debit (4) July 23: Collected payment from Customer S from July 15 sale. Account Debi (5) August 25: Collected payment from Customer T from July 20 sale. Account Debit Income statement (partial)