3. A sales invoice included the following information: merchandise price, $21,000; terms 2/10, n/eom, FOB shipping point with prepaid freight of $1000 added to the invoice. Assuming that a credit for merchandise returned of $800 is granted prior to payment, invoice is paid within the discount period, and the net method is used, what is the amount of cash that should be received by the seller? a. $20,200 b. $20,796 c. $21,560 d. $19,796 4. Benedict Co. sells merchandise on credit to Amold Co. for $11,300. The invoice is dated July 2 with terms of 3/10, net 45. What is the amount of the discount and up to what date must the invoice be paid in order for the buyer to take advantage of the discount? a. $339, July 12 b. $339, July 13 c. $226, July 12 d. $226, July 13