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DCM Clocks received the following two invoices from its supplier: $27,000 on July 14, 2014 and $23,500 on July 24, 2014. If the payment terms

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DCM Clocks received the following two invoices from its supplier: $27,000 on July 14, 2014 and $23,500 on July 24, 2014. If the payment terms on both the invoices were 3/10, 1.5/20, n/60, calculate the amount that must be paid by DCM Clocks to settle both of these invoices on August 3, 2014

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