Exercise 5-1A Discount yes or no? Amount of Discount Discount Expires Amount received 1 2 EXERCISES-SET A E5-1A. Cash Discount Calculations On June 1, Meadow Company sold merchandise with a list price of $40,000. For each of the sales terms below, determine the proper amount of cash received: LO3 Credit Terms Date Paid June 8 1. 2/10, n/30 1/10, n/30 June 15 2. 1/15, n/30 3. June 14 n/30 June 28 4 ci