On January 15 , Windsor Wholesale Company sells merchandise on account to Martinez Associates for $7000 with terms 1/10,n/30. On January 20, Martinez returns $900 of this merchandise to Windsor. On January 24 , payment is received from Martinez for the balance due. What is the amount of cash received? $6100$6039$4900$6030 Suppose that Ayayai has the following inventory data: Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis for July? $4854$4902$5154$4866