Silver CO. sold merchandise to Bronze Co. on account, $23,000, terms 2/15, net 45. The cost of the merchandise sold is $18,500. Silver Co. issued a credit memorandum for $2,500 for merchandise returned that originally cost $1,900. The Bronze Co. paid the invoice within the discount period. What is amount of net sales from the above transaction?
A. $20,090
B. $20,500
C. $3,490
D. $23,000
A. $20,090
B. $20,500
C. $3,490
D. $23,000