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The Stationery Company purchased merchandise on account from a supplier for $ 1 2 , 0 0 0 , terms 2 / 1 0 ,

The Stationery Company purchased merchandise on account from a supplier for $12,000, terms 2/10, n/30. The Stationery Company returned merchandise with an invoice amount of $1,400 and received full credit.
a. What is the amount of cash required for the payment?

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