Freight Terms

Determine the amount to be paid in full settlement of each of two invoices, $($a$)$ and $($b$),$ assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. If required, round the answers to the nearest dollar.

Merchandise

$($Invoice Amount$)$ Freight

Paid by Seller Freight Terms Returns and

Allowances

$($Invoice

Amount$)$

a$.$ $$6,900$ $$100$ FOB destination, $1/10,$ n$/30$ $$1,600$

b$.4,400200$ FOB shipping point, $2/10,$ n$/301,150$

a$.$ $fill in the blank $1$

$5,247$

b$.$ $fill in the blank $2$