Freight Terms

Determine the amount to be paid in full settlement of each of twoinvoices, (a) and (b), assuming that credit forreturns and allowanceswas 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 SellerFreight TermsReturns and

Allowances

(Invoice

Amount)a.$7,500$100FOB destination, 1/10, n/30$1,100b.2,950100FOB shipping point, 2/10, n/30900

a.$b.$