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Vaughn Company purchased merchandise inventory with an invoice price of $7400 and credit terms of 5/10,n/30. What is the net cost of the goods if

Vaughn Company purchased merchandise inventory with an invoice price of $7400 and credit terms of 5/10,n/30. What is the net cost of the goods if Vaughn Company pays within the discount period? $5920 $7030 $7400 $6660

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