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On April 26, Kindler Welding Corp. purchased $8,640 worth of welding supplies from a wholesaler that offered terms of 1.75/7, net 30. The discount applies
On April 26, Kindler Welding Corp. purchased $8,640 worth of welding supplies from a wholesaler that offered terms of 1.75/7, net 30. The discount applies to any amount paid within the discount period. What is the unpaid balance if Kindler paid $6,000 on May 1? (This problem involves the partial payment of an invoice within the discount period.)
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