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On June 1, year 2, Pitt Corp, sold merchandise with a list price of $5,000 to Burr on account. Pitt allowed trade discounts of 3096

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On June 1, year 2, Pitt Corp, sold merchandise with a list price of $5,000 to Burr on account. Pitt allowed trade discounts of 3096 and 20\%. Credit terms were 2/15,n/40 and the sale was made FOB shipping point. Pitt prepaid $200 of delivery costs for Burr as an accommodation. On June 12, year 2. Pitt received from Burr a remittance in full payment amounting to $2,944$3,140$2,744$2,940

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