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Purchase - related transactions The Stationery Company purchased merchandise on account from a supplier for $ 9 , 3 0 0 , terms 1 /

Purchase-related transactions
The Stationery Company purchased merchandise on account from a supplier for $9,300, terms 1/10, n/30. The Stationery Company returned merchandise with an invoice amount of $1,100 and received full credit.
a. If The Stationery Company pays the invoice within the discount period, what is the amount of cash required for the payment?

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