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The following select account data is taken from the records of Reese Industries for 2 0 1 9 . Reese Industries data Account Amount Sales

The following select account data is taken from the records of Reese Industries for 2019.
Reese Industries data
Account Amount
Sales $694,494
Merchandise Inventory 511,569
Sales Discounts 51,411
Interest Expense 3,783
Sales Returns and Allowances 84,684
Interest Revenue 9,794
Cost of Goods Sold 247,840
Rent Expense 12,540
Depreciation Expense: Office Equipment 3,070
Insurance Expense 2,138
Advertising Expense 11,129
Accounts Receivable 97,859
Office Supplies Expense 1,216
Rent Revenue 22,869
Sales Salaries Expense 30,843
Accounts payable 134,760
Common Stock 57,884
Marketing expense 31,965
Use the data provided to calculate net sales for 2019.

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