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Lee Company purchased goods with the following terms and details: Sales price, $9,000 Terms , 4/10, n/30 Date of sale, November 10 Date of payment,

Lee Company purchased goods with the following terms and details:

Sales price, $9,000

Terms, 4/10, n/30

Date of sale, November 10

Date of payment, November 20

Returns and allowances (before payment), $500

Shipping, FOB Shipping Point, $265, prepaid by seller

Required:

Compute the amount that Lee Company has to pay to the seller for the goods

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