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On March 30, Century Television recieved an invoice dated March 28 from ACME Manufacturing for 43 televisions at a cost of $125 each. Century recieved
On March 30, Century Television recieved an invoice dated March 28 from ACME Manufacturing for 43 televisions at a cost of $125 each. Century recieved a 13/4/4 chain discount. Shipping terms were FOB shipping point. ACME prepaid the $95 freight. When Century recieved the goods, 3 sets were defective. Century returned these sets to ACME. On April 8, Century sent a partial payment of $170. Century will pay the balance on May 6. What is Century's final payment on May 6. Assume no taxes.
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