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   Determining amounts to be paid on invoices

   Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period:

   	Merchandise Invoice Amount	Freight Paid by Seller		Customer Returns and Allowances
   a.	$34,000		FOB destination, n/30	$1,700
   b.	12,500	$335	FOB shipping point, 2/10, n/30	2,400
   c.	21,100		FOB shipping point, 2/10, n/30	4,000
   d.	9,100	170	FOB shipping point, 2/10, n/30	1,000
   e.	77,800		FOB destination, 2/10, n/30

   This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

   Open spreadsheet

   Round your answers to the nearest dollar.

   1. $ fill in the blank 2

   2. $ fill in the blank 3

   3. $ fill in the blank 4

   4. $ fill in the blank 5

   5. $ fill in the blank 6