Ramos Hair Styling is a wholesaler of hair supplies. Ramos Hair Styling uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis:

a. Sold merchandise for cash (cost of merchandise $30,957). $ 55,040

b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $280). 310

c. Sold merchandise (costing $6,460) to a customer on account with terms n/60. 13,600

d. Collected half of the balance owed by the customer in (c). 6,800

e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 172

f. Anticipate further returns of merchandise (costing $200) after year-end from sales made during the year.

Compute Net Sales and Gross Profit for Ramos Hair Styling.