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show work 7. (6 pts) Determine the amount that the company must pay assuming that credit for returns and allowances was received prior to payment

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7. (6 pts) Determine the amount that the company must pay assuming that credit for returns and allowances was received prior to payment and all invoices were paid within the decourt period. Merchandise Freight FOB shipping point $28,400 $1,250 2/10, n/30 $2,875 Returns and allowances

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