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Loki Trading spoilies in the sale of IBM compatibles and software packages. It habttne ollowing transactions with one of tis suppliers: Purchases of IBM conpatibles

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Loki Trading spoilies in the sale of IBM compatibles and software packages. It habttne ollowing transactions with one of tis suppliers: Purchases of IBM conpatibles 1,700,000 1,200,000 Purchases of contecial software packages 50,000 Returns and altovxanies 17.000 Purchase discounts tken Purchases were made throughout the year on terms 2/10, n/30. All returns and allowances tookplace within 5 days of purchase and prior to any payment on account. How much is the puchase discount lost

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