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Calculate the Cash discount dollar value from the figures listed below: Opening inventory $77,500 Gross sales $258,000 Advertising $32,000 Miscellaneous expenses $25,000 Purchases at cost

Calculate the Cash discount dollar value from the figures listed below:

Opening inventory $77,500

Gross sales $258,000

Advertising $32,000

Miscellaneous expenses $25,000

Purchases at cost $133,200

Closing inventory $82,000

Customer returns $35,300

Salaries $27,000

Transportation charges $11,500

Rent $41,800

Cash discounts 4%

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