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A firm sells merchandise to a customer with terms of 2/10, net/30. The customer buys 400 units at $250 per unit, but it returns
A firm sells merchandise to a customer with terms of 2/10, net/30. The customer buys 400 units at $250 per unit, but it returns 20 units for full credit. The customer also gets an allowance of $20 per unit because delivery was late. How much will the firm receive if the customer pays the invoice within the discount period?
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