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$[$The following information applies to the questions displayed below.$]$

Ross & Company is a wholesaler of hair supplies. Ross uses a perpetual inventory system. The following transactions $($summarized$)$ have been selected for analysis:

a$.$ Sold merchandise for cash $($cost of merchandise $$33,117).$ $ $58,880$

b$.$ Received merchandise returned by customers as unsatisfactory $($but in perfect condition$)$ for cash refund $($original cost of merchandise $$340).370$

c$.$ Sold merchandise $($costing $$8,170)$ to a customer on account with terms n$/60.17,200$

d$.$ Collected half of the balance owed by the customer in $($c$).8,600$

e$.$ Granted a partial allowance relating to credit sales the customer in $($c$)$ had not yet paid. $184$

f$.$ Anticipate further returns of merchandise $($costing $$260)$ after year$-$end from sales made during the year. $380$

Required:

Compute Net Sales and Gross Profit for Ross.