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Markie's Inc had the following transactions during the year total sales = $570,000, sales discounts = $11,000; sales returns = $32,000, sales allowances = $12,000.

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Markie's Inc had the following transactions during the year total sales = $570,000, sales discounts = $11,000; sales returns = $32,000, sales allowances = $12,000. In addition, at the end of the year the company estimates the following transactions associated with sales in the current year will occur next year sales discounts = $1100, sales returns = $3,840; sales allowances = $1,600. Compute net sales Total sales Net sales

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