Question: D Question 13 2.22 pts During 2017. SimonB Corp had gross sales totaling $500,000 all sold on credit. Sales returns were $40,000. Subsequent to the
D Question 13 2.22 pts During 2017. SimonB Corp had gross sales totaling $500,000 all sold on credit. Sales returns were $40,000. Subsequent to the returns, customers paid the remaining receivables taking the available sales discounts of 1%. Uncollectible Accounts expense of $5,000 was also recorded during the period. What is the total dollar amount of net sales reported on the Income Statement during 2017? O $495.000 O $455,000 0 $450,00 $455.400
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