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The Tanner Company has provided the following information after year-end adjustments: Allowance for doubtful accounts increased $26,600. Accounts receivable increased $485,000 during the year. Accounts
The Tanner Company has provided the following information after year-end adjustments:
- Allowance for doubtful accounts increased $26,600.
- Accounts receivable increased $485,000 during the year.
- Accounts written off as uncollectible totaled $29,500.
- Sales totaled $2,690,000.
- Sales discounts were $119,000.
What was the amount of Tanners net sales?
Multiple Choice
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$2,056,500.
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$2,571,000.
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$2,541,500.
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$2,600,500.
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