x Your answer is incorrect. Presented below are certain account balances of Concord Products Co. Rent revenue $7,400 Sales discounts $7,800 Interest expense 13,140 Selling expenses 99,650 Beginning retained earnings 114,780 Sales revenue 407,200 Ending retained earnings 134,960 Income tax expense 26,076 Dividend revenue 71,690 Cost of goods sold 193,771 Sales returns and allowances 12,700 Administrative expenses 85,750 From the foregoing, compute the following: (a) total net revenue and (b) net income. (a) Total net revenue (b) Net income 427700