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On June 15, Oakley Inc. sells inventory on account to Sunglasses Hut for $6,000, terms 2/10, n/30. On June 20, SH returns to oakley inventory
On June 15, Oakley Inc. sells inventory on account to Sunglasses Hut for $6,000, terms 2/10, n/30. On June 20, SH returns to oakley inventory that SH had purchased for $1,300. On June 24, SH completely fulfills its obligation to oakley by making a cash payment. What is the amount of cash paid by SH to oakley? a.) $4,700
b.) $6,000
c.) $4,606
d.) $4,580
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