11. If all vendors sell to Fargo on terms of 2/10, n/30, what was the total amount of purchase discounts that were lost in July? Assume that Fargo made no purchases of inventory in the last 10 days of July ryna 12.)What was the balance of Retained Earnings at the beginning of the fiscal year? 13. The beginning balance in Dividends Payable on July 1 was $1,000. What amountC of cash dividends were paid during the month? Cash Diuiderds paid 3,500 2,5300 14. Of the cash dividends paid, how much related to dividends declared in the current period? 15. What are net sales for July? nles Rev ales Retns (2 ,200 alu Fargo 4