A company purchased $8,700 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $435 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it was entitled to. The cash paid on June 24 equals: Multiple Choice $8,017 $8,439 $8,700 $8.265 $8,061 A company purchased $11,200 of merchandise on June 15 with terms of 3/10, n/45, and FOB shipping point. The freight charge, $1,100, was added to the invoice amount. On June 20, it returned $1,760 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals: Multiple Choice $9,224 $11,760 $12,300 $11,860. $10,257