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Lewis Inchad the Following Information Taken from Various Accounts at the the End

Question 40

Multiple Choice

Lewis Inc.had the following information taken from various accounts at the end of the year: What was Lewis Inc.'s net revenues for the year?
 Sales discounts $41,000 Deferred revenues $32,000 Total sales $459,000 Purchase discounts $15,000 Sales allowances $35,000 Accounts receivable $205,000\begin{array} { | l | r | } \hline \text { Sales discounts } & \$ 41,000 \\\hline \text { Deferred revenues } & \$ 32,000 \\\hline \text { Total sales } & \$ 459,000 \\\hline \text { Purchase discounts } & \$ 15,000 \\\hline \text { Sales allowances } & \$ 35,000 \\\hline \text { Accounts receivable } & \$ 205,000 \\\hline\end{array}


A) $368,000.
B) $434,000.
C) $383,000.
D) $437,000.

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