The 10-Cent Store on February 1, 2021 purchased $12,300 of merchandise from Holiday Express under the terms 2/12, n/25. On February 3, 2021 10-Cent returned $425 of merchandise because the items were broken. On February 10, 2021, Holiday Express gave 10-Cent a $650 allowance because the some of the merchandise was the wrong color and would be harder to sell.

Required:

1. If 10-Cent Store pays Holiday Express the entire amount it owes on February 11, 2021, how much will it pay to Holiday Express?

b. If 10-Cent Store pays Holiday Express the entire amount it owes on February 25, 2021, how much will it pay to Holiday Express?