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During the months of January and February, Lowell Corporation sold goods to three customers. The sequence of events was as follows: January6January6January14February2February28Soldgoodsfor$900toL.Lawrenceandbilledthatamountsubjecttoterms3/10,n/30.SoldgoodstoM.Methuenfor$590andbilledthatanountsubjecttoterns3/10,n/30.CollectedcashduefromL.Lawrence.CollectedcashduefromM.Methuen.Soldgoodsfor$540toR.Riversideandbilledthatamountsubjecttoterms3/10,n/45. Required: Assuming that
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