Norville Distributors, a wholesale firm, made sales using the following list prices and trade discounts. What amount should be recorded for each sale?
1. List price of $3,500 and trade discounts of 25 percent and 15 percent.
2. List price of $4,200 and trade discounts of 25 percent and 15 percent.
3. List price of $2,550 and trade discounts of 20 percent and 10 percent.