Rusty Hardware makes only cash sales. It began 2021 with a credit balance of $32,200 in the refund liability account. Sales during 2021 were $620,000. Rusty estimates that 7% of all sales will be returned. During 2021, customers returned merchandise for credit of $28,400 to their accounts. Rusty's 2021 income statement would report net sales of: Multiple Choice $620,000 $576,600. $560,400 $631,200 Rusty Hardware makes only cash sales. It began 2021 with a credit balance of $32,20 Rusty estimates that 7% of all sales will be returned. During 2021, customers returned Rusty's 2021 income statement would report net sales of: Multiple Choice O $620,000. O $576,600. O $580,400. O $631,200