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1. Jeff Corwin buys reptile cages from a manufacturer for resale to customers. The manufacturer's list price for a cage is $1500. The manufacturer offers

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1. Jeff Corwin buys reptile cages from a manufacturer for resale to customers. The manufacturer's list price for a cage is $1500. The manufacturer offers a 25% trade discount. The manufacturer's shipping terms are FOB shipping point. The shipping costs is $50. What is the net cost to the retailer

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