The following transactions were selected from the records of Evergreen Company:
July 12 Sold merchandise to Wally Butler, who paid the $940 purchase with cash. The goods cost Evergreen Company $570.
16 Sold merchandise to Claudio's Chair Company at a selling price of $4,940 on terms 3/10, n/30. The goods cost Evergreen Company $3,470.
19 Sold merchandise to Otto's Ottomans at a selling price of $2,970 on terms 3/10, n/30. The goods cost Evergreen Company $1,870.
23 Received cash from Claudio's Chair Company for the amount due from Jul-16.
31 Received cash from Otto's Ottomans for the amount due from July Jul-19.
Required:
Compute the amount of revenue to be reported for the month ended July 31. (Round your answer to 2 decimal places.)
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