Montez Muffins and More (MM&M) is a bakery located in New York City. MM&M purchases a great deal of flour in bulk from a wholesaler. The wholesaler offers purchase discounts for fast payment. MM&M purchased 600 pounds of flour for $0.20 per pound on May 1, under terms 2/10, n/30. Determine the amount MM&M should pay under the following scenarios.

a. MM&M pays the full balance on May 25.

b. MM&M pays the full balance on May 7.

c. MM&M pays half the balance on May 7 and half on May 18.