Valley Companys adjusted trial balance on August 31, 2015, its fiscal year-end, follows.

Debit

Credit

Merchandise inventory

$

32,000

Other (noninventory) assets

128,000

Total liabilities

$

36,960

K. Valley, Capital

107,636

K. Valley, Withdrawals

8,000

Sales

218,880

Sales discounts

3,349

Sales returns and allowances

14,446

Cost of goods sold

85,312

Sales salaries expense

29,987

Rent expenseSelling space

10,287

Store supplies expense

2,627

Advertising expense

18,605

Office salaries expense

27,360

Rent expenseOffice space

2,627

Office supplies expense

876

total for both debit and credit 363,476

On August 31, 2014, merchandise inventory was $25,824. Supplementary records of merchandising activities for the year ended August 31, 2015, reveal the following itemized costs.

Invoice cost of merchandise purchases	$	94,080
Purchase discounts received		1,976
Purchase returns and allowances		4,516
Costs of transportation-in		3,900

what is the NET SALES?