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1 On June 1, Meadow Company sold merchandise with a list price of $40,000. For each of the sales terms below, determine the proper amount

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1 On June 1, Meadow Company sold merchandise with a list price of $40,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date Paid 2/10, n/30 June 8 1/10, n/30 June 15 3 1/15, n/30 June 14 4 n/30 June 28 2 1 $ 2 $ 3 $ 4 $

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