U . U Lauren Maragh M Homework Other Help Save & Exit Submit Check my work E6-2 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, and Credit Card Sales L06-1. The following transactions were selected from the records of OceanView Company July 12 Sold merchandise to Customer R, who charged the $4,800 purchase on his Visa credit card. Visa charges Oceanview a 2 percent credit card fee. 15 Sold merchandise to Customer sat an invoice price of $10,900; terms 4/10, n/30. 20 Sold merchandise to Customer Tat an invoice price of $4,800; terms 4/10, n/30. 23 Collected payment from Customer S from July 15 sale. Aug. 25 Collected payment from Customer T from July 20 sale. Required: Assuming that Sales Discounts and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended August 31. Net sales