Question: Burlingame Carpets received a cheque for $8000 on December 10 from Sorenson Flooring as partial payment of Burlingames invoice. The invoice, dated November 20, was

Burlingame Carpets received a cheque for $8000 on December 10 from Sorenson Flooring as partial payment of Burlingame’s invoice. The invoice, dated November 20, was for $14,772 with terms 2/10, 1/20, n/45, EOM.
a. How much should Burlingame credit Sorenson’s account?
b. What is the balance still owed?

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