Johnson 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 $7,000 and trade discounts of 35 percent and 10 percent.
2. List price of $5,800 and trade discounts of 15 percent and 10 percent.
3. List price of $14,200 and trade discounts of 20 percent and 5 percent.