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On March 30, Century Link received an invoice dated March 28 from ACME Manufacturing for 51 televisions at a cost of $100 each. Century received
On March 30, Century Link received an invoice dated March 28 from ACME Manufacturing for 51 televisions at a cost of $100 each. Century received a 8/5/5 chain discount. Shipping terms were FOB shipping point. ACME prepaid the $91 freight. Terms were 5/10 EOM. When Century received the goods, 3 sets were defective. Century returned these sets to ACME. On April 8, Century sent a $275 partial payment. Century will pay the balance on May 6. What is Centurys final payment on May 6? Assume no taxes.
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