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Inventory costing $4,500 is sold for $6,700 with terms 3/10, n/30. If the buyer pays within the discount period, what amount will be reported on

Inventory costing $4,500 is sold for $6,700 with terms 3/10, n/30. If the buyer pays within the discount period, what amount will be reported on the income statement as net sales?

Multiple Choice

a. $4,835

b. $6,499

c. $2,200

d. $6,700

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