Exercise 7-6 Z Your answer is partially correct. Try again. Presented below is information from Kingbird Computers Incorporated. July 1 sold $28,900 of computers to Robertson Company with terms 2/15, n/60. Kingbird uses the gross method to record cash discounts. Kingbird estimates allowances of $1,190 will be honored on these sales. 10 Kingbird received payment from Robertson for the full amount owed from the July transactions 17 sold $281,900 in computers and peripherals to The Clark Store with terms of 1/10, n/30. 30 The Clark Store paid Kingbird for its purchase of July 17