QUESTION 13 Bayside Electronics invoiced $132,000 to customers during the current accounting period. All sales are on credit terms and all invoices include GST of 10%. Additiona financial information related to the current accounting period has been extracted from the ledgers as follows. Operating expenses Sales returns and allowances Sales discount Costs of sales The amount of net sales reported for the current accounting period on the income statement would be: a. $109.200 b. $116,400 Cc. $112,800 Cd. $128,400 $36,000 $7,200 $3,600 $48,000

2. $109.200. b. $116.400 c $112.800 c. $124.400