Rusty Hardware makes only cash sales. It began 2021 with a credit balance of $32,000 in the refund liability account. Sales during 2021 were $600,000. Rusty estimates that 6% of all sales will be returned. During 2021, customers returned merchandise for credit of $28,000 to their accounts. Rusty's 2021 income statement would report net sales of: Multiple Choice $568,000. $600,000. $564,000. (0) $604,000