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Inventory costing $ 5 , 5 0 0 is sold for $ 7 , 5 0 0 with terms 3 / 1 0 , n

Inventory costing $5,500 is sold for $7,500 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?
options
$7,500
$5,875
$2,000
$7,275

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