Total gross sales for the period include the following:

Credit card sales (discount 4%)	$	8,600
Sales on account (3/15, n/60)	$	10,200

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.)