Question: Question Content AreaTravelli Co. sold merchandise to Trapani Co. on the account, $17,000, terms 2/15, net 45. The cost of the merchandise sold is $15,400.

Question Content AreaTravelli Co. sold merchandise to Trapani Co. on the account, $17,000, terms 2/15, net 45. The cost of the merchandise sold is $15,400. Travelli Co. issued an allowance for $1,750 for merchandise returned that originally cost $1,400. Trapani Co. paid the invoice within the discount period. What is amount of net sales from the above transactions? a.$15,250 b.$14,945 c.$17,000 d.None of these choices are correct.

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