Presented below is information from Sarasota Computers Incorporated. July 1 Sold $25,600 of computers to Robertson Company with terms 3/15, n/60. Sarasota uses the gross method to record cash discounts. Sarasota estimates allowances of $1,664 will be honored on these sales. 10 Sarasota received payment from Robertson for the full amount owed from the July transactions. 17 Sold $256,000 in computers and peripherals to The Clark Store with terms of 2/10, n/30. 30 The Clark Store paid Sarasota for its purchase of July 17.