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Lakeview Motel, Inc., purchased $12,600 worth of inventory from The Pool Store on account, terms of 2/10, n/45. Some of the goods were damaged during
Lakeview Motel, Inc., purchased $12,600 worth of inventory from The Pool Store on account, terms of 2/10, n/45. Some of the goods were damaged during shipment, so Lakeview Motel, Inc., returns $1,100 of the merchandise to The Pool Store. How much must Lakeview Motel, Inc., pay The Pool Store a. after the discount period? b. within the discount period? a. How much must Lakeview Motel, Inc. pay The Pool Store after the discount period? Determine the amount that Lakeview Motel must pay The Pool Store if they pay after the discount period by selecting the formula and completing the calculation. = Payment due after discount period 1 pay The Pool Store within the discount period? Cost of inventory Cost of inventory, net of discount | Purchase discount otel must pay The Pool Store if they pay within the discount period by selecting ion. 1 Purchase return II Payment due within discount period =
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