Word Problem 11-40 (Static) [LU 11-2 (2)]\ Vail Ski Shop received a

$1,201

invoice dated July 8 with

(2)/(10),(1)/(15),(n)/(60)

terms. On July 22 , Vail sent a

$485

partial payment.\ Required:\ a. What credit should Vail receive?\ Note: Round your answer to the nearest cent.\ Answer is complete but not entirely correct.\ \\\\table[[Credit,

$1,201.00ox