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Required information [The following information applies to the questions displayed below.] On April 25, Foreman Electric installs wiring in a new home for $2,900 on

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Required information [The following information applies to the questions displayed below.] On April 25, Foreman Electric installs wiring in a new home for $2,900 on account. However, on April 27, Foreman's electrical work does not pass inspection, and Foreman grants the customer an allowance of $540 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30. 4. Calculate net revenue associated with these transactions. Net revenue

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