Use the following information for the Quick Studies below.

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Vitamix reports the following information for its year ended December $31$:

Cash sales $ $60,000$

Sales on credit $90,000$

General and administrative expenses $17,000$

Sales returns $11,000$

Cost of goods sold $80,000$

Sales discounts $2,000$

Selling expenses $24,000$

QS $4-18($Static$)$ Computing net sales and gross profit LO P$4$

Use the above information, to compute

$($a$)$ net sales and

$($b$)$ gross profit.