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On March 12, Pierson Company sold goods that cost $3500 to Colonade Company for $6,000 on credit. Terms of the sale were 1/10, n/30. Colonade

On March 12, Pierson Company sold goods that cost $3500 to Colonade Company for $6,000 on credit. Terms of the sale were 1/10, n/30. Colonade paid the balance due on March 21. What amount of cash did Pierson receive? A) $3465

B) $6,000

C) $5940

D) $3500

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