(Answered) Question - lopez company purchased goods with the following

Accounting

Question - Lopez Company purchased goods with the following terms and details:

Sales price, $5,000

Terms, 1/10, n/30

Date of sale, March 8

Date of payment, March 19

Returns and allowances (before payment), $200

Shipping, FOB Destination, $175, prepaid by seller

Required - Compute the amount that Lopez Company has to pay to the seller for the goods.

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