Compute the discount date, the due date, the amount of discount and amount of the remittance if the required remittance is paid within the discount period. Ray Marshall is a purchasing agent for East Coast Electric and tries to take advantage of all cash discounts on major purchases. On July 7 (invoice date) he purchased parts for service vehicles. The parts cost $3,824.77, but $214.40 worth were returned because they were incorrect. The terms from the supplier were 1/10, net 25