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O Score: 0 of 1 pt 6 of 9 (3 complete) HW Score: 33.33%, 3 of 9 pts S4-9 (similar to) Question Help Suppose Peter's

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O Score: 0 of 1 pt 6 of 9 (3 complete) HW Score: 33.33%, 3 of 9 pts S4-9 (similar to) Question Help Suppose Peter's Hardware sells merchandise on account, terms 4/10, 60, for 5000 (the cost of the inventory is 5320) on May 17, 2018. Peter's Hardware later received 5400 of goods (cost $160) as sales returns on May 21, 2018 The customer paid the balance due on May 26, 2018 Assume the "net" method is used 1. Calculate sales revenue for May 2018 2 Calculate gross profit for May 2018 1. Calculate sales revenue for May 2018. (Round all calculations to the nearest cent XXX) Sales revenue for May 2018

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