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On February 3, Fenton Corporation sold merchandise with a gross price of $56,400 to a customer with terms of 3/10, n/30. How much Sales Discounts

On February 3, Fenton Corporation sold merchandise with a gross price of $56,400 to a customer with terms of 3/10, n/30. How much Sales Discounts would be recorded if payment was received from the customer on February 14? Assume the company uses the Gross Method of recording receivables.

A.2292

B.76400

C.1692

D.74108

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