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CraneCompany on July 15 sells merchandise on account toBridgeportCo. for $3800, terms4/10, n/30. On July 20BridgeportCo. returns merchandise worth $1500toCraneCompany. On July 24 payment is
CraneCompany on July 15 sells merchandise on account toBridgeportCo. for $3800, terms4/10, n/30. On July 20BridgeportCo. returns merchandise worth $1500toCraneCompany. On July 24 payment is received fromBridgeportCo. for the balance due. What is the amount of cash received?
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