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The following amounts appeared on the Mendelstein Company's adjusted trial balance as of October 31,...

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Accounting

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The following amounts appeared on the Mendelstein Company's adjusted trial balance as of October 31, 2020, the end of its focal year: Merchandise inventory Other aneta Liabilities Joe Mondelstein, capital Joe Mendelstein, withdrawals Interest income Sales Salon returns and allowances Sales discounts Purchase Purchase returns and allowances Purchase discounts Transportation-in Sales salaries expense Rent expense, selling space Store supplies expense Advertising expense Office salaries expense Rent expense, office space office supplies expense Totala Debit Credit $ 1,250 37,000 $ 33,340 37,240 2,700 135 93,400 7,200 1,095 43,200 2,000 870 4,900 17.500 8,900 2,900 8,700 21,700 7,300 2,640 $166,985 $166,985 A physical count shows that the cost of the ending inventory is $12,300. Required: 1. Calculate the company's net sales for the year. Net sales $ 85,105

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