ABC Company purchases raw materials for $50,000 on credit terms of 2/10, net 30. During the credit period, they return $10,000 worth of defective materials for a credit. ABC Company uses the perpetual inventory system.

Calculate the following:

The amount of the purchase discount available if the invoice is paid within the discount period.

The net amount due if the invoice is paid within the discount period.

The net amount due if the invoice is paid after the discount period.