54 and 56

54. An invoice dated Jusy 230;shs formante che bises and S30 for faciebat : Trade discounts of 10/10 are deducted and the 2/30, n/45 E.O.M. If the bill is paid on August 14 a. What is the amount due? b. How much is saved by paying the bill early? 55. Valley Stores receives a shipment of ski equipment with a list price of $2,540. Trade discounts of 25/10/10 are allowe and the credit terms are 3/15, n/45. If payment is made on October 28 and the invoice is dated October 13, what amous must be paid? How much will be credited to Valley Stores' account? 56. Trade discounts of 20/10 may be taken on an invoice that totals $938.50. This amount includes prepaid freig $26.50. Sales terms are 2/10, n/30. Find the amount due if the invoice is paid within the discount period