Apple Inc. purchased inventory worth $150,000 on credit terms of 2/10, n/30 from Samsung Electronics. If Apple pays within the discount period, calculate: a) The amount they need to pay. b) The effective cost of the inventory if they avail the discount. c) The amount of discount if paid within the discount period. d) The net amount saved by availing the discount. e) Prepare the journal entry to record the purchase assuming it was made on May 1.