The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Mulberry Street Sportswear as they appear on the 12/31/11 adjusted trial balance. Answer questions 17-19 based on the given information. HINT: Sales Discounts and Sales R&A (Returns and Allowances) are Contra-Revenue accounts. Accounts Payable Accounts Receivable Advertising Expense Cost of Goods Sold Delivery expense Insurance Expense Interest Expense Merchandise Inventory Rent Expense Sales Sales Discounts Sales R&A Unearned Revenue 10,000 11,000 12.000 89.000 6,000 1,000 2,000 20,000 12,000 160,000 11.000 19.000 2,000 Net Sales for 2011 would be O $30,000. O $124,000. O $130,000. O $160,000