Short Problem No. 1 On June 1, 2010, De Chavez Forest Products sold merchandise with P120,000 list price. Trade Discount Credit Terms Date Paid a. 30% 2/10, n/30 June 8 b. 40% 1/10, n/30 June 15 2/10. n/30 June 11 d. 20% 1/15, n/30 June 14 e. 40% n/30 June 28 For each of the independent sales terms, determine the ff. The amount of trade discounts and cash discount The amount of cash received upon collection C