Newark Company has provided the following information: . . Cash sales, $540,000 Credit sales, $1,440,000 Selling and administrative expenses, $420,000 Sales returns and allowances, $99,000 . Gross profit, $1,450,000 Increase in accounts receivable, $64,000 Bad debt expense, $42,000 Sales discounts, $52,000 Net income, $1,030,000 . How much are Newark's net sales? Multiple Choice O $1,916,000. O $1,980,000. $1,829,000. O $1,787,000