Answer: Store's net sales would be $385,000.
Step-by-step explanation:
Given: Last year store's revenue=$400,000
Last year store's total discounts =$10,000
Last year returns by store =$5,000
Therefore store's net sales would be
revenue-discounts-returns
=$400,000-$10,000-$5,000
=$400,000-($10,000+$5,000)
=$400,000-($15,000)=$385,000
⇒Store's net sales would be $385,000.
