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The following transactions were selected from the records of OceanView Company: July 12 Sold merchandise to Customer R, who charged the $4,500 purchase on his

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The following transactions were selected from the records of OceanView Company: July 12 Sold merchandise to Customer R, who charged the $4,500 purchase on his Visa credit card. Visa Juty 15 Sold merchandise to Custoner S at an invoice price of $10,800; terns 3/10,n/30. July 20 Sold merchandise to Customer T at an invoice price of $10,860; terms 3/10,n/30. July23August25CollectedpaybentfromCustomerSfronJuly15sale.CollectedpaynentfronCustomerTfronJuly20sale. Required: Assuming that Sales Discounts and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended August 31. \& Answer is complete but not entirely correct

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