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A company purchased $100,000 of merchandise on July 10 with terms of 4/5,n/15. On July 12, it returned $1,000 of that merchandise. On July 23,

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A company purchased $100,000 of merchandise on July 10 with terms of 4/5,n/15. On July 12, it returned $1,000 of that merchandise. On July 23, it paid the balance owed. The cash paid is: (no dollar signs or commas)

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