The following information was drawn from the Year $1$ accounting records of Ozark Merchandisers:

Inventory that had cost $$21,200$ was sold for $$39,900$ under terms $\frac{2}{20},$ net$/30.$

$2$ Customers returned merchandise to Ozark five days after the purchase. The merchandise had been sold for a price of $$1,520.$ The merchandise had cost Ozark $$920.$

All customers paid their accounts within the discount period.

Selling and administrative expenses amounted to $$4,200.$

Interest expense paild amounted to $$360.$

Land that had cost $$8,000$ was sold for $$9,250$ cash.

Required:

a$.$ Determine the amount of net sales.

Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.

$\backslash$table$[[$Net sales,$$,38,380]]$

b$.$ Prepare a multistep income statement

Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. Amounts to be deducted and losses should be indicated with a minus sign.