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Martin Company purchased goods from Bennett with the following terms and details. Sales price, $9,000 Terms, (5/10, n/30) Date of sale, December 4 Date of

Martin Company purchased goods from Bennett with the following terms and details. Sales price, $9,000 Terms, (5/10, n/30) Date of sale, December 4 Date of payment, December 14 Shipping, FOB Shipping Point, $310, prepaid by seller. Determine if Martin, the buyer, qualifies for a cash discount, and who pays for shipping, Martin or Bennett.

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