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Sodesta Company offers volume discounts to its customers. Customers buying more than $100,000 in products receive a 1% discount. Customers buying more than $200,000 in

Sodesta Company offers volume discounts to its customers. Customers buying more than $100,000 in products receive a 1% discount. Customers buying more than $200,000 in products receive a 3% discount. Sodesta also offers sales discounts with payment terms of 22/10, n/30. SodestaSodesta uses the most-likely-amount method and assumes that the customer will take the discount to account for the sales discounts. On July 2, SodestaSodesta made sales of $220,000 on account to Gridar Company. Gridar paid $150,000 on July 12 and the remaining balance on August 1

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