19. 8/26th Hawthorne Manufacturing (the "buyer") places an order to purchase materials from High Quality Vendor ("HQV"). The materials normally list for $20,000 but due to Hawthorne's buying history the vendor gave them a 10% trade discount and the standard payment terms of 2/10, n/30 Hawthorne anticipates selling the items for $25,000.

8/29th The materials are shipped FOB Shipping point from HQV's warehouse in California with $1,000 of freight collect.

9/4th The materials arrive at Hawthorne's facility. Upon inspection of the goods, half of the order is sent back & not accepted.

9/6th Hawthorne pays the vendor the amount owed

18. 8/26th Hawthorne Manufacturing (the "buyer") places an order to purchase materials from High Quality Vendor ("HQV"). The materials normally list for $20,000 but due to Hawthorne's buying history the vendor gave them a 10% trade discount and the standard payment terms of 2/10, n/30 Hawthorne anticipates selling the items for $25,000.

8/29th The materials are shipped FOB Shipping point from HQV's warehouse in California with $1,000 of freight prepaid.

9/4th The materials arrive at Hawthorne's facility. Upon inspection of the goods, half of the order is sent back & not accepted.

9/6th Hawthorne pays the vendor the amount owed.

How much cash will Hawthorne need to pay the seller in order to settle the account payable in full?

17. 8/26th: Hawthorne Manufacturing (the "buyer") places an order to purchase materials from High Quality Vendor ("HQV"). The materials normally list for $20,000 but due to Hawthorne's buying history the vendor gave them a 10% trade discount and the standard payment terms of 2/10, n/30 Hawthorne anticipates selling the items for $25,000.

8/28th: The materials are shipped FOB Shipping point from HQV's warehouse in California with $1,000 of freight prepaid.

9/5th: The materials arrive at Hawthorne's facility. Upon inspection of the goods, half of the order is sent back & not accepted.

9/12th: Hawthorne pays the vendor the amount owed.

How much cash will Hawthorne need to pay the seller in order to settle the account payable in full?