Asked this earlier and didnt get the correct answer.

Selected data from Komar Company follow Balance Sheet As of December 31 2014 (20,150) $382,850 $483,000 2013 (14,960) $359,040 $446,000 Accounts receivable Allowance for doubtful acc $403,000 $374,000 ounts Net accounts receivable Inventories, lower of cost or market Income Statement for the Years Ended December 31 2014 2013 Net credit sales Net cash sales $2,018,000 $1,760,000 406,000 310,000 2,424,000 2,070,000 1,600,000 1,426,000 Net sales Cost of goods sold Selling, general, and administrative expenses Other expenses 240,400 39,600 215,800 22,300 Total operating expenses $1,880,000 $1,664,100