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Total gross sales for the period include the following: Credit card sales ( discount 3 % ) $ 9 , 8 0 0 Sales on

Total gross sales for the period include the following:
Credit card sales (discount 3%) $9,800
Sales on account (3/15, n/60) $11,000
Sales returns related to sales on account were $350. 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?

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