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The following transactions were selected from among those completed by Bears Retail Store: Nov. 20 Sold two items of merchandise to Cheryl Jahn, who paid

The following transactions were selected from among those completed by Bears Retail Store:

Nov. 20 Sold two items of merchandise to Cheryl Jahn, who paid the $470 (total) sales price in cash. The goods cost Bears $350.
25 Sold 20 items of merchandise to Vasko Athletics at a selling price of $4,500 (total); terms 3/10, n/30. The goods cost Bears $2,750.
28 Sold 10 identical items of merchandise to Nancys Gym at a selling price of $6,500 (total); terms 3/10, n/30. The goods cost Bears $4,250.
29 Nancys Gym returned one of the items purchased on the 28th. The item was in perfect condition and credit was given to the customer.
Dec. 6 Nancys Gym paid the account balance in full.
30 Vasko Athletics paid in full for the invoice of November 25.

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E6-12 Reporting Net Sales after Sales Discounts and Sales Returns (LO 6-4] The following transactions were selected from among those completed by Bear's Retail Store: Nov. 20 Sold two items of merchandise to Cheryl Jahn, who paid the $470 (total) sales price in cash. The goods cost Bear's $350. 25 Sold 20 items of merchandise to Vasko Athletics at a selling price of $4,500 (total); terms 3/10, n/30. The goods cost Bear's $2,750. 28 Sold 10 identical items of merchandise to Nancy's Gym at a selling price of $6,500 (total); terms 3/10, n/30. The goods cost Bear's $4,250. 29 Nancy's Gym returned one of the items purchased on the 28th. The item was in perfect condition and credit was given to the customer. Dec. 6 Nancy's Gym paid the account balance in full. 30 Vasko Athletics paid in full for the invoice of November 25. Required: Compute the net sales revenue to be reported over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Net Sales Revenue

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