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Willetta Company purchases inventory for $20,000 with terms 2/10, n/30. It then returns $3,000 of the inventory purchased to the supplier and also receives an
Willetta Company purchases inventory for $20,000 with terms 2/10, n/30. It then returns $3,000 of the inventory purchased to the supplier and also receives an allowance for defective inventory of $200. The company pays the amount due within the discount period. What is the amount of the discount that will be taken? (Round your answer to the nearest dollar amount.)
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