Determine the payment required to settle the invoice on the indicated payment date. Show all work. 2. MARKS CREDIT TERMS INVOICE DATE PAYMENT DATE NVOICE AMOUNT $1,185.49 $275.00 April 27 September 25 October 11 May 8 2/10, 1/20, n60 3/15, n45 b. For each of the following, determine: I. The amount of markup IL. The amount of operating expenses. II The operating profit IV. The rate of markup on selling price. 3. 8 MARKS COST (C SELLING PRICE (SP) OPERATING EXPENSES (OE) A. $830.00 $1,250.00 $479.50 40% OF COST 30% OF SELLING PRICE B. I $255.65 What one amount must be paid on July 4 to settle invoices dated June 20 for $150, June 24 for $236, and June 30 for $370, all with terms 1.5/10, n30 4. MARKS 5. Best Buy purchased a treadmill for $1,500 less 35% and 25%. The treadmill was then marked up by 200% of cost. Overhead expenses are 35% of cost. In a clearance sale, Best Buy offered the treadmill at 50% off. Determine each of the following: 8 MARKS a. The net cost of the treadmill. b. The amount of the markup. c. The overhead expenses per treadmill. d. The regular selling price. e. The sale price and the amount of markdown. f. The rate of markup on cost at the sale price E. The operating profit or loss at the sala ni