The following transactions occured during 2014 for X-colline which uses a perpetual inventory system (a) May 1 X-cellino's merchandise was sold to Segura Corporation for $8.700 under Creditre of 200,FOB shing point. The court had (b) May 1 X colline purchased merchandise on credit from Global For Corp. terin 60,57.000. FOB shipping on (a) May 2 X-coll Inc. purchased merchandise from Zoomine, for 0.100 under credit asofi, Foo desition (d) May 2: Paid $400 shipping charges related to the May 1 purchase of merchandise (6) May Inced a $1,700 credit memorandum to Segura Corporation for an allowance on goods sold on May 1 in May 5: X-collins sold merchandise that cost $3.600 to Dylax Corporation for $4,600 under credit forms of 230, VOO, FOB shoping point () May 7 X-celline purchased merchandise for cash from Ludwig Inc., 59.300 FOB destination May After negotiations with Zoomine concerning problems with the merchandite purchased on May 2. mered a credt memorandum grwt a price reduction of 5700 May 11: Received the balance due from Segura Corporation for the sale duted May 0) June 30: Paid the balance due to Global Filter Corp (k) July 1: Paid the balance due to Zoom in 6) July 4: Received the balance due from Dylex Corporation for the sale deed May a) Calculate the nel sales for X-colline during 2014 Net Sales b) Calculate the cost of goods sold for X-coll in during 2014 Cost of Goods Sold