Solved: What amount will be reported on the income statement as net, Accounting Basics

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What amount will be reported on the income statement as net

I'm not sure how to solve to get the correct answer. I keep getting it wrong. Merchandise costing $1,800 is sold for $2,800 on terms 2/10, n/30. If the buyer pays within the discount period, what amount will be reported on the income statement as net sales and as gross profit?

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Accounting Basics: What amount will be reported on the income statement as net

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Accounting Basics: What amount will be reported on the income statement as net

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