Total gross sales for the period include the following: Creditcardsales(discount3s)Salesonaccount(2/15,n/60)$9,700$10,400 Sales returns related to sales on account were $550. 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? Note: Do not round intermediate calculations. Round your answer to 2 decimal places