PART 1: A boutique buys some merchandise with a list price of $3,400. If the wholesaler extends a 40% trade discount rate, find the trade discount (in $). $ PART 2: Calculate the net price factor and net price (in dollars). For convenience, round the net price factor to five decimal places and the net price to the nearest cent, when necessary. List Price Trade Discount Rate Net Price Factor Net Price $455.80 22/15/5 $ PART 3: Calculate the net price factor and single equivalent discount. For convenience, round your answers to five decimal places when necessary. Trade Discount Rate Net Price Factor Single Equivalent Discount 20/15/13 PART 4: Complete the following table by finding the net price factor, single equivalent discount, trade discount (in dollars), and net price in dollars). Round the net price factor and single equivalent discount to five decimal places, and the trade discount and net price to the nearest cent, when necessary. List Price Trade Discount Rate Net Price Factor Single Equivalent Discount Trade Discount Net Price $430.70 31/15/5 $ $ PART 5: Calculate the cash discount and the net amount due the transaction in $). Amount of Invoice Terms of Sale Cash Discount Net Amount Due $19,660.00 2/10, n/45 $ $