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7-44. Majestic Manufacturing sold Jordans Furniture a living room set for an $8,500 list price with 35% trade dis- count. The $100 freight (FOB shipping

7-44. Majestic Manufacturing sold Jordans Furniture a living room set for an $8,500 list price with 35% trade dis- count. The $100 freight (FOB shipping point) was not part of the list price. Terms we...

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