Sales 21,600 sales discount 500 sales and returns allowance 230 beginning inventory 690 net purchase 13700 ending inventory 600 operating expense 3800 what is the net income

Net sales=Sales - sales discount - sales and returns allowance

Net sales=21,600-500-230=20,870

Net sales 20870

Add ending inventory 600

Less beginning inventory 690 net

Less purchase 13700

Grossprofit=20,870+600-690-13,700

=7,080

Gross profit 7080

Less operating expenses 3800

Net income 7,080-3,800=3,280