Ster 5 - Homework 1 3 Exercise 5-11 Net sales computation for multiple-step Income statement LO P4 A company reports the following sales-related information. pped Sales, gross Sales discounts $ 285,000 Sales returns and allowances 5,700 Sales salaries expense $ 20,000 11,700 Book Prepare the net sales portion only of this company's multiple-step income statement. Hint rint Multiple-Step Income Statement (Partial) rences 0 Net sales