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Total gross sales for the period include the following: Credit card sales (discount 2%) $ 10,300 Sales on account (2/15, n/60) $ 10,600 Sales returns

Total gross sales for the period include the following:
Credit card sales (discount 2%) $ 10,300
Sales on account (2/15, n/60) $ 10,600

Sales returns related to sales on account were $200. 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.)

Net Sales

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