Total gross sales for the period include the following: Credit card sales (discount 3%) Sales on account (2/15, n/60) $ 8,800 $ 9,500 -ok nt Sales returns related to sales on account were $500. All returns were made before payment. One-half of the remaining sales on account were paid within the discount period. The company treats all discounts and returns as contra-revenues. What amount will be reported on the income statement as net sales? (Do not round intermediate calculations Round your answer to 2 decimal places.) ences Net sales