The purchasing department of a leading information technology company received an invoice of $260,800 for the purchase of new computers for its software development team. The invoice was dated February 15, 2020 and had the following payment terms: 2/7, n/45. What amount does the company have to pay to settle the invoice on the following dates of 2020:

a. February 21?

b. February 22?

c. March 31?

AppendixLO1