This Question: 1 pt 37 of 40 (32 complete) > This Test: 40 pts possibl Cheshire Co. purchased $2,450 of merchandise on account. The terms of the purchase are 2/15, n/45. FOB shipping point with prepaid shipping costs of $70. If Cheshire pays within the discount period, what is the amount of the purchase discount? (Round the inal answer to the nearest cent) A. $5040 O B. $49.00 O C. $47.60 0 D. No discount is allowed when shipping is prepaid