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Question 3.4 Total: 36 marks) Certain account balances for Skye Products Corp. are listed below. Skye follows ASPE: $8,500 2,700 Sales discounts Selling expenses $17,800

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Question 3.4 Total: 36 marks) Certain account balances for Skye Products Corp. are listed below. Skye follows ASPE: $8,500 2,700 Sales discounts Selling expenses $17,800 79,400 114,400 Sales revenue 490,000 Rent revenue interest expense Beginning retained earnings Ending retained earnings Dividend revenue Sales returns and allowances 74,000 100 91,000 Income tax expense Cost of goods sold Administrative expenses 384,400 2 22,400 82,500 Required Based on the balances, calculate the following: Total net revenue

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