= Marquette's Jewelry has the following transactions during the year: total jewelry 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 jewelry sales in the current year will occur next year: sales discounts = $1,100; sales returns = $3,840; sales allowances = $1,600. Compute net sales. Total sales Net sales