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Martinez Company purchased goods with the following terms and details: Sales price, $15,000 Terms, 5/10, n/30 Date of sale, January 4 Date of payment, January
Martinez Company purchased goods with the following terms and details: Sales price, $15,000 Terms, 5/10, n/30 Date of sale, January 4 Date of payment, January 14 Returns and allowances (before payment), $1,700 Shipping, FOB Shipping Point, $290, prepaid by seller Required: Compute the amount that Martinez Company has to pay to the seller for the goods. Amount that is paid to the seller: $
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