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Business, 03.07.2020 22:01 lareynademividp0a99r

On June 1, Lulu's Performing Arts School purchased merchandise with a list price of $5,500 from Monty's Inc. with credit terms 2/10, n/30. On June 3, Lulu's returns $1,000 of the merchandise. Required:
Compute the amount owed by Lulu's if the store pays within the discount period.

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