Question - Garces Company offers an unconditional return policy to its customers. During the current period, the company records total sales of $850,000, with a cost of merchandise to Garces of $340,000. Based on past experience, Garces Company expects 4% of sales to be returned. How much in net sales will Heller Company recognize for the current period?
$360,400
$489,600
$510,000
$816,000
$850,000