Final answer:
Herald Company's net sales are determined by subtracting sales discounts and sales returns from total sales. With sales of $135,000, discounts of $2,000, and returns of $3,300, the net sales are $129,700. Therefore, the correct option is C.
Step-by-step explanation:
The Herald Company's net sales are calculated by subtracting sales discounts and sales returns from total sales. In this case, the total sales of $135,000 would be reduced by the sales discounts of $2,000 and the sales returns of $3,300.
Therefore, the net sales would be calculated as follows:
- Total Sales: $135,000
- Sales Discounts: -$2,000
- Sales Returns: -$3,300
- Net Sales: $135,000 - $2,000 - $3,300 = $129,700
Thus, the correct answer is option c. $129,700.