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Question 15 High-Tech Products sold printing equipment that had a list price of $12,490. This manufacturer offers dealers a trade discount of 14%. The merchandise

Question 15

High-Tech Products sold printing equipment that had a list price of $12,490. This manufacturer offers dealers a trade discount of 14%. The merchandise was shipped FOB shipping point, and shipping charges were $1,110.

Calculate the following:

1. Trade discount dollar amount:
$

2. Net price:
$

3. Amount due manufacturer or supplier:
$

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