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Required information Problem 5-2B Record transactions related to credit sales and contra revenues (L05-1, 5-2) [The following information applies to the questions displayed below.) Data

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Required information Problem 5-2B Record transactions related to credit sales and contra revenues (L05-1, 5-2) [The following information applies to the questions displayed below.) Data Recovery Services (DRS) specializes in data recovery from crashed hard drives. The price charged varies based on the extent of damage and the amount of data being recovered. DRS offers a 10% discount to students and faculty at educational institutions. Consider the following transactions during the month of June. June 10 Rashid's hard drive crashes and he sends it to DRS. June 12 After initial evaluation, DRS alla Rashid to let him know that full data recovery will coat $2,100. June 13 Rashid Informs or that he would like them to recover the data and that he is a student at UCLA, qualifying him for a 101 educational discount and reducing the cost by $210 - $2,100 101). June 16 DRS performs the work and claims to be successful in recovering all data. DRS asks Rashid to pay within 30 days of today's date, offering a 2 discount for payment within 10 days. June 19 When Rashid receives the hard drive, he notices that ons did not successfully recover all data. Approximately 304 of the data has not been recovered and he informa DRS. June 20 DRS reduces the amount Rashid oves by 300. June 30 Rashid pay the amount owed. Problem 5-2B Part 3 3. Calculate net revenues if Rashid had paid his bill on June 25. (Round your answer to 2 decimal places.) Net service revenues S % 3 6 7 8. 0 W E R K . S

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