1. A $3,000 shipment to a retailer is invoiced on August 1 and received on August 5. Complete the following grid, determining the last day for taking the discount and the amount due after the discount when payment terms are stated as follows:

Terms	Last day to take discount	Sate when full payment is due
2/10 net 30
2/10 net 30 ROG
2/10 net 30 EOM
2% 15th prox. net 30
2/10 net 30, as of Oct, 1
2/10, 60x

2. What additional discount would be taken in Problem 2 above if payment were made on August 6 and the prevailing interest rate were 5%?
3. A retailer asks a vendor in Los Angeles to ship goods to consolidator in Secasucus, New Jersey. What part of the shipping does the retailers pay for when the goods are shipped:
   1. FOB origin
   2. FOB origin freight prepaid
   3. FOB origin freight prepaid and charged back
   4. FOB destination, freight collect
   5. FOB destination, fright prepaid
   6. FOB destination, freight collect and allowed