Prentice company had cash sales of $94,325, credit sales of $83,475, sales returns and allowances of $1,725, and sales discounts of $3,500. prentice's net sales for this period equal:

Cash sales = $94,325

Credit sales = $83,475

Sales returns and allowances = $1,725

Sales discounts = $3,500

To solve for net sales:

Net sales = (cash sales + credit sales) - sales returns and allowances - discounts)

Net sales = (94,325 + 83,475) - 1,725 - 3,500

Net sales = $173,075