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Sheridan Supply Company sells merchandise on account for $6600 to Sheffield Exploration Company with credit terms of 2/7, n/30. Sheffield Exploration returns $1400 of merchandise
Sheridan Supply Company sells merchandise on account for $6600 to Sheffield Exploration Company with credit terms of 2/7, n/30. Sheffield Exploration returns $1400 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? Select answer from the options below $6468 $5096 $5200 $6496
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