A company purchases merchandise with a catalog price of $27,500. The company receives a 35% trade discount from the seller. The seller also offers credit terms of 2/10, n/30. Assuming no returns were made and that payment was made within the discount period, what is the net cost of the merchandise?

• $17,875.

• $9,982.

• $9,625.

• $14,982.

• $17,518.