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QUESTION
Cooper Company purchased goods with the following terms and details:
Cooper Company purchased goods with the following terms and details:
Sales price, $11,000Terms, 1/10, n/30Date of sale, March 9Date of payment, March 19Returns and allowances (before payment), $1,000Shipping, FOB Shipping Point, $300, prepaid by sellerRequired:
Compute the amount that Cooper Company has to pay to the seller for the goods.
