Determine the amount to be paid in full settlement of each purchase invoice, assuming that credit...

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Determine the amount to be paid in full settlement of each purchase invoice, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Merchandise Freight Paid by Seller a. $4,500 b. $7,650 Freight Terms FOB shipping point, 2/10, net 30 $140 $200 FOB destination, 1/10, net 45 Returns and Allowances $1,200 $450. a. b. Determine the amount to be paid in full settlement of each purchase invoice, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Merchandise Freight Paid by Seller a. $4,500 b. $7,650 Freight Terms FOB shipping point, 2/10, net 30 $140 $200 FOB destination, 1/10, net 45 Returns and Allowances $1,200 $450. a. b.