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Piedmont company purchased merchandise on account from a supplier for $26000, terms 1/10, n/30. Piedmont company returned $7000 of the merchandise and received full credit.

Piedmont company purchased merchandise on account from a supplier for $26000, terms 1/10, n/30. Piedmont company returned $7000 of the merchandise and received full credit. If Piedmont company pays the invoice within the discount period, what is the amount of cash required for the payment?

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