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Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of $33,000. For each of the sales terms below, determine the

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Cash Discount Calculations On June 1, Forest Company sold merchandise with a list price of $33,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date Paid 1 2/10,n/30 June 8 2 1/10, n/30 June 15 3 1/15, n/30 June 14 n/30 June 28 4 2 $ 29,400 x 30,000 x 29,700 X 30,000 x 3 $ 45

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