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Jacob Co. sells merchandise on account to Isaiah Co. for $10,900. The invoice is dated on May 1 with terms of 1/15, net 45. What

Jacob Co. sells merchandise on account to Isaiah Co. for $10,900. The invoice is dated on May 1 with terms of 1/15, net 45. What is the discount, and up to what date must the invoice be paid in order for the buyer to take advantage of the discount? a. $218, May 16 Ob. $218, May 15 c. $109, May 16 d. $109, May 15

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