1. Calculate the net amount to be paid for each of the following purchases. Assume that all invoices are paid within the discount period.

_____ a. $3,000 subject to a trade discount of 15%

_____ b. $4,300 subject to a cash discount of 4/20, n/45

_____ c. $1,500 subject to a trade discount of 15%

_____ d. $375 subject to a cash discount of 3/10, n/30

_____ e. $3,560 subject to a cash discount of 5/30, n/60