Problem $4\mathrm{.}2.$ Reporting Net Sales with Credit Sales and Sales Discounts

During the months of January and February, Gold Corporation sold goods to three customers. The sequence of events was as follows:

$\backslash$table$[[$Jan $6,\backslash$table$[[$Sold goods for $$950$ to S$.$ Green and billed that amount subject to$],[$terms $\frac{2}{10},\frac{n}{30}.]]],[$Jan $6,\backslash$table$[[$Sold goods to M$.$ Munoz for $$600$ and billed that amount subject to$],[$terms $\frac{2}{10},\frac{n}{30}.]]],[$Jan $14,$Collected cash due from S$.$ Green.$],[$Feb $2,$Collected cash due from M$.$ Munoz.$],[$Feb $28,\backslash$table$[[$Sold goods for $$450$ to R$.$ Reynolds and billed that amount subject to$],[$terms $\frac{2}{10},\frac{n}{45}.]]]]$

Required:

Assuming that Sales Discounts is treated as a contra$-$revenue, compute net sales for the two months ended February $28.$

Give the appropriate journal entry for each of these transactions. Do not record the cost of goods sold.