View previous attempt Checl Data Recovery Services (DRS) specializes in data recovery from crashed hard drives. The price charged varies based on the extent of damage and the amount of data being recovered. DRS offers a 10% discount to students and faculty at educational institutions. Consider the following transactions during the month of June. June 10 Rashid's hard drive crashes and he sends it to DRS. $2,700. June 12 After initial evaluation, DRS e-mails Rashid to let him know that full data recovery will cost June 13 Rashid informa DRS that he would like them to recover the data and that he is a student at UCLA, qualifying him for a 10% educational discount and reducing the cost by $270 ( - $2,700 * 108). June 16 DRS performs the work and claims to be successful in recovering all data. DRS asks Rashid to pay within 30 days of today's date, offering a 29 discount for payment within 10 days. June 19 When Rashid receives the hard drive, he notices that DRS did not successfully recover all data. Approximately 30% of the data has not been recovered and he informe DRS. June 20 DRS reduces the amount Rashid ovea by 30%. June 30 Rashid pays the amount owed. 2. Show how net revenues would be presented in the income statement DATA RECOVERY SERVICES Partial Income Statement Total service revenues Less: Sales allowances Less: Sales discount Net service revenues Required information (The following information applies to the questions displayed below.) Data Recovery Services (DRS) specializes in data recovery from crashed hard drives. The price charged varies based on the extent of damage and the amount of data being recovered. DRS offers a 10% discount to students and faculty at educational institutions. Consider the following transactions during the month of June. June 10 Rashid's hard drive crashes and he sende it to DRS. June 12 After initial evaluation, DRS e-mails Rashid to let him know that full data recovery will cont $2,700. June 13 Rashid informa DRS that he would like them to recover the data and that he is a student at UCLA, qualifying him for a 108 educational discount and reducing the cost by $270 ( - $2,700 108). June 16 DRS perform the work and claims to be successful in recovering all data. DRS asks Rashid to pay within 30 days of today's date, offering a 21 discount for payment within 10 days. June 19 When Rashid receives the hard drive, he notices that DRS did not successfully recover all data. Approximately 30% of the data has not been recovered and he informa DRS. June 20 DRS reduces the amount Rashid oves by 30. June 30 Ranhid pays the amount owed. 3. Calculate net revenues if Rashid had paid his bill on June 25. (Round your answer to 2 decimal places.) Net services tovorven