Complete the following by calculating the cash discount and net amount paid:



(If more than one discount, assume date of last discount.)



Gross amount of invoice (freight

charge already

included)



Freight

charge



Date of

invoice



Terms of

invoice



Date of

payment



Cash

discount



Net amount paid

$950 None 8/8 3/10, 2/15, n/30 8/22 $53selected answer incorrect $897selected answer incorrect