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Question 19 1 pts [Trade discounts simply mean the buyer did not pay list price. The actual price, which you must calculate, is less than

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Question 19 1 pts [Trade discounts simply mean the buyer did not pay "list price." The actual price, which you must calculate, is less than "list" price. There are two separate discounts involved on this question.) Kimdy Hardware purchased 15 tool benches for its inventory at a list price of $425 each, but the distributor gave Kimdy a 10% trade discount for this large volume purchase. The distributor also offered Kimdy a sales discount of 2/10,n/30. What was the invoice amount for this transaction on the date of the sale, and what must Kimdy actually pay if he pays within the discount period? (rounded) Amount Due if Paid within Discount Period Invoice Price on Date of Sale $6,375 $6,375 $5,738 $5.738 $5.738 $5,623 $5,623 $10,651 Correct amounts are $6,375 and $5,738, respectively. Correct amounts are $5.738 and $10,651, respectively. Correct amounts are $5.738 and $5,623, respectively. Correct amounts are 56,375 and $5,623, respectively

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