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.

MerchandiseFreight

Paid by SellerFreight TermsReturns and

Allowancesa.$6,700$200FOB shipping point, 1/10, n/30$1,100b.3,700400FOB destination, 2/10, n/30700

a.$b.$