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A purchase of $ 4 5 , 0 0 0 was made on account with the credit terms of 3 1 5 , n 4

A purchase of $45,000 was made on account with the credit terms of 315,n45. The item purchased cost the seller $35,000. Assuming this customer will take advantage of the discount, how much profit will the selling business earn?
Select one:
a. $3,000
b. $1,350
c. $8,650
d. $10,000
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